4446 Linden Ave - Multi-Family FOR SALE


Long Beach, CA 90807- Bixby Knolls
$1,300,000 USD
310-982-7055
4446 Linden Ave, Long Beach, CA for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/8
null | 3.47% Cap Rate

4446 Linden Ave
Long Beach, CA 90807
Bixby Knolls


HIGHLIGHTS

  • Incredible location in one of the best neighborhoods of Bixby Knolls
  • Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park
  • Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic

OVERVIEW

Rare 4 unit property in the best part of Bixby Knolls on themarket for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

3.47%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4446 Linden Ave, Long Beach

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3S

APN/PARCEL ID

7134-023-010

ASK ABOUT THIS PROPERTY

Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

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Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.