525 Linden AVE Active

Long Beach,CA 90802

$ 2550000

- Bed

- Bath

6868 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,868 sqft

Price per Sqft $371

MLS Listing ID PW24201233

Year Built 1973

Lot Size 7,535 Sqft

Property Description

We are pleased to present a 10 unit apartment building located at 525 Linden Avenue in Long Beach, California. This is a value-add opportunity in a
great location of East Village in Long Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6,868 rentable square feet spread throughout a 7,536 square foot lot. It was built in 1973 and consists of 8 one bedroom / one bathroom units and 2 two bedroom / two bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 8 garages which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBPD30

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs,Sidewalks

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer,Septic Type Unknown,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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