1430 Linden Avenue Long Beach, CA $ 1,575,000
1430 Linden Avenue
$ 1,575,000
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1430 Linden Avenue

Long Beach, CA, 90813
$ 1,575,000
Bedrooms2 Baths7.0 Sq 4,051

Monthly Estimate*

$ 9,698

Listed by The Agency
1430 Linden Avenue, Long Beach, CA 90813 - Image 1
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Multi-Family Home for sale in Long Beach, CA

for $1,575,000 with 2 bedrooms and 7 full baths. This 4,051 square foot home was built in 1920 on a lot size of 0.157.

Priced to sell at 9.65 GRM and 6.8% CAP with upside to 9 GRM and a 7.6% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on a beautiful, quiet, tree lined street. The property was purchased in 2018 and completely remodeled down to the studs. Everything is new - plumbing, electric, interiors, windows, etc. - Seller spent over $400K total. The property is professionally managed and well maintained. There are 2 structures on the lot - 2 large 1 bedrooms in the front, and 7 studio units in the rear. The property also has 9 storage spaces that could be rented out for $75-100 per month each. There is onsite laundry as well. Qualified Buyers can put down as little as 25%. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Contact LA for more info including a Rent Roll and OM.

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

2

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.157

Year Built

1920

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

25631677

Days on Market

13

Features
General
Living Area 4051
Heating Wall Furnace
Zoning LBR2N
Year Built 1920
Stories Count 2
Levels Two
Gross Income 163000
County Los Angeles
Net Operating Income 110000
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 9 units in Long Beach NOT subject to local rent control.
City Long Beach
Senior Community Y/N false
Number Of Units Total 9
MLS Area 9 - Poly High
Lot Size Units Square Feet
Lot Size Square Feet 6841
Standard Status Active
Cap Rate 6.8
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 2
Total Baths 9
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 6841
Number of Buildings 2
Building Area Total 4051
Lot Size Acres 0.157
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* Excluded Features
List By
The Agency

Broker

jon@jonswire.com

Email

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$1,575,000 Listed Price

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1430 Linden Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,575,000 with 4,051 sqft and a lot size of 0.157. 1430 Linden Avenue has 2 bedrooms, 7.0 baths, and was built in 1920. The property's zip code is 90813 which is in Long Beach, CA