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1430 Linden Ave
Off-Market Call for Pricing
Call for Pricing
- 9 Units
- 4,051 Sq Ft
- 6,841 Sq Ft
- Unknown Cap Rate
Description
Priced to sell at 9.65 GRM and 6.8% CAP with upside to 9 GRM and a 7.6% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on a beautiful, quiet, tree lined street. The property was purchased in 2018 and completely remodeled down to the studs. Everything is new - plumbing, electric, interiors, windows, etc. - Seller spent over $400K total. The property is professionally managed and well maintained. There are 2 structures on the lot - 2 large 1 bedrooms in the front, and 7 studio units in the rear. The property also has 9 storage spaces that could be rented out for $75-100 per month each. There is onsite laundry as well. Qualified Buyers can put down as little as 25%. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Contact LA for more info including a Rent Roll and OM.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,575,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,051 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7269030011 |
| MLS # | 25631677 |
| Property ID | 291989948 |
| Lot Sqft | 6,841 |
| Zoning | LBR2N |
| Total Units | 9 |
| Days on Market | 29 |
| Original List Price | $1,575,000 |
| Date Updated | January 20, 2026 |
| Date Created | December 29, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,795 | $1,795 |
| Unit #2 | 0 | 1.00 | $1,450 | $1,450 |
| Gross Income (Yr) | $ 158,000 |
| Operating Expenses | $ 50,000 |
| Net Income (Yr) | $ 110,000 |
| Cap Rate | 6.80% |
Listing Provided By
Jonathan Swire an agent of . Lic #01336277
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT