Long Beach, CA 90805 5174 Linden Avenue
$1,200,000
Presented By: Ivette Reese with Koinos Real Estate Group; 714-815-4000
Beds • 2
Baths • 1
SQFT • 2,400
Garage • 1
Home Details
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Presented By: Ivette Reese with Koinos Real Estate Group; 714-815-4000
Interior Features for 5174 Linden Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level
General for 5174 Linden Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs
CountyLos Angeles
Days on Market19
DirectionsCA-57 South towards Santa Ana, take exit to merge onto CA-91 West to Los Angeles, take exit 12B onto Atlantic Ave.
Electric Expense320.0
Electric On Property Y/NNo
Entry Locationground
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income61800.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4882.0
Lot Size UnitsSquareFeet
MLS Area28 - Lakewood City
MaintenanceExpense1800.0
MobileHomeRemainsYNNo
Net Operating Income42670.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense19130.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameLakewood City/Long Beach (LCB)
Tax Lot63
Taxes$12,600
TermsExchange1031
Trash Expense0.0
View Y/NNo
Water Sewer Expense1000.0
Waterfront Y/NNo
Year Built1957
Year Built SourcePublicRecords
ZoningLBR1N
Exterior for 5174 Linden Avenue
Building Area Total2400.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1121
Lot Size Area4882.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking1.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480