1125 Linden Avenue

Long Beach, CA 90813

$1,290,000
Price
7
Beds
7
Baths
3,500 Sq. Ft.
$369 / Sq. Ft.
3,500
Sq. Ft.
$369
per Sq. Ft.

Description

A great income-producing property consists of two buildings. A front single-family home that has 2 beds and 2 baths with a good-size family room and a kitchen. A Duplex built in 2008 in the back has one 2 bed and 2 baths unit and a 3 bed and 3 baths unit separated by one common wall. All units come with a 2-car garage and extra parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St Mary's Hospital of Long Beach less than...A great income-producing property consists of two buildings. A front single-family home that has 2 beds and 2 baths with a good-size family room and a kitchen. A Duplex built in 2008 in the back has one 2 bed and 2 baths unit and a 3 bed and 3 baths unit separated by one common wall. All units come with a 2-car garage and extra parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St Mary's Hospital of Long Beach less than 2 miles away from the Aquarium of the Pacific.
  1. Listed by Augustin Joo • DRE #01360043 • Brokerage DRE #02177987 • California Bridge Realty • 714-425-5480

Property Details for 1125 Linden Avenue

Parking Spaces Total
10
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3500
Assessor Parcel Number
7273-001-021
Property Attached YN
true
LISTING UPDATED: 12/18/2024 05:23 AM

Property Details for 1125 Linden Avenue

StatusActive
MLS #PW24246703
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.17 AC / 7,523 SF
CountyLos Angeles County

Building Information for 1125 Linden Avenue

Stories3Residences-Year Built1905Building Size-Lot Size0.17 AC / 7,523 SF

Property Information for 1125 Linden Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $58,000
  • Gross Scheduled Income: $81,000
  • Net Operating Income: $58,000
  • Cap Rate: 4.5
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $23,000
  • New Taxes Expense: $16,250
  • Gardener Expense: $1,200
  • Fuel Expense: $180
  • Insurance Expense: $2,400
  • Trash Expense: $0
  • Water Sewer Expense: $480
  • Total Expenses: $23,000
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 0
  • Tax Census Tract: 5763.01
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: ground level with steps, Mid level
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Builders Tract Name: Downtown
  • Builders Tract Code: Downtown (DT)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $26,400
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $21,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $33,600
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Disposal: 3

Property History for 1125 Linden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1125 Linden Avenue

Taxable ValueLand$657,948Additions$360,810Total$1,018,758
Tax Record2024$13,425 ($1,119 / month)
Home Facts
Total Finished SqFt2,766 SqFtAbove Grade Finished SqFt2,766 SqFtStories1Lot Size7,521 SqFtStyleTriplexYear Built1905ZoningLBR4NCountyLOS ANGELESAPN7273-001-021

Schools near 1125 Linden Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1125 Linden Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on December 15, 2024 by California Bridge Realty, it's currently listed at $1,290,000. It has been on the market for a total of 0 days and was last sold on September 22, 2016. This listing's school district is Long Beach Unified School District. Nearby schools include Roosevelt Elementary School, Franklin Classical Middle School and Polytechnic High School. 1125 Linden Avenue is a 7-bed, 7-bath, 3,500 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of California Bridge Realty, Augustin Joo, DRE #01360043

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.