$1,675,000
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2430 Linden AVE Long Beach, CA 90806
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW20253338
Year Built 1963
Lot Size 5,227 Sqft
Property Description
2430 Linden Ave is located in an exceptional Long Beach location. It is located right off the 710 freeway with the 405 freeway neighboring to the east. It is centrally located with access to public transportation, as well as many stores and restaurants.
The subject property has a total of 7 units. The unit mix consists of five - 2 Bd/1 Ba and two - 1 Bd/1 Ba units. The property has been very well-maintained and is experiencing 100% collections. The property comprises 1, two-story building built in 1963 with some renovations done over the years. This property is located in a very good rental market and there is a potential 62% upside in NOI.
The property also features onsite laundry and ample amount of parking. 2430 Linden Ave would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning LBR2N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Suburban
Building
Lot Description Paved
Story 2
Sewer Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Tyler Leeson • Marcus & Millichap RE Invest