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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.

Features
2
1
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: Curbs, Sidewalks
Additional Information
Marcus & Millichap
0
PKEVKING
PB12429
Kevin
7281002018
: Standard
4
Two
35

Multi-Family For Sale

525 Linden Avenue, Long Beach, California 90802

6,868 Sqft
$2,550,000
Listing ID #PW24201233
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PW24201233
Price : $2,550,000
Living Area : 6,868 Sqft
Lot Size : 7,536 Sqft
Year Built : 1973
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90802
Price Per Square Foot : $371
ModificationTimestamp : 2024-09-27 14:07:00
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