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    6107 Linden Avenue

    Long Beach, CA 90805
    • $2,425,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: PW20239550
    Price Reduced
    UPDATED: 49 min ago
    $2,425,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,610
      SQFT
    • $367
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    We are pleased to present a completely turn-key apartment building located in Long Beach, California. Built in 1959, the subject property consists of 6,450 rentable square feet spread throughout a 6,500 square foot lot. Eight units are 2 bedroom / 1 bathroom units and one unit is 3 bedroom / 2 bathroom. There are 6 garages and storage for tenant convenience and can also be used to generate income for the owner. It has a pitched roof and is also separately metered for gas and electricity which helps keep expenses to a minimum. There is also a laundry room which makes additional income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to shops, restaurants, cafes, entertainment centers and grocery stores.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/111875555
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    6107 Linden Avenue Long Beach, CA 90805

    • Price: $2,425,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: PW20239550
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,610
    SQFT
    $367
    $/SQFT
    1962
    Built
    Neighborhood:
    Linden Avenue (Lav)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    We are pleased to present a completely turn-key apartment building located in Long Beach, California. Built in 1959, the subject property consists of 6,450 rentable square feet spread throughout a 6,500 square foot lot. Eight units are 2 bedroom / 1 bathroom units and one unit is 3 bedroom / 2 bathroom. There are 6 garages and storage for tenant convenience and can also be used to generate income for the owner. It has a pitched roof and is also separately metered for gas and electricity which helps keep expenses to a minimum. There is also a laundry room which makes additional income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to shops, restaurants, cafes, entertainment centers and grocery stores.
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Electric Expense 1350 Fuel Expense 1350 Garage YN Yes Gross Income 170041 Gross Scheduled Income 170352 Insurance Expense 2975 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 5850 Net Operating Income 116328 New Construction YN No New Taxes Expense 27281 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 53713 Other Expense 2250 Rent Control YN No Senior Community YN No Sewer Septic Type UnknownUnknown Special Listing Conditions Standard Trash Expense 1350 Water Sewer Expense 1350 Water Source Public Zoning Lbr3t

    Listing provided courtesy of Kevin King of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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