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2461 Linden Ave
Long Beach, CA 90806

Long Beach Apartments · Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Turnkey investment: Ideal acquisition for an investor looking for an asset in great condition with strong in-place cash flow
  • Remodeled asset with all 2-bedrooms
  • Strong rental location three blocks from the Metro Blue Line, five minutes from the 405 and 710 freeways, and conveniently near retail
  • 5.27% Cap rate on current rents
  • Property boasts newer roof, copper plumbing, and new vinyl windows

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 4,923 SF
No. Stories 2
Year Built 1962
Parking Ratio 0.81/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 $1,918 700

PROPERTY TAXES

ZONING

Zoning Code LBR2N
  • Listing ID: 30132801

  • Date on Market: 11/20/2023

  • Last Updated:

  • Address: 2461 Linden Ave, Long Beach, CA 90806