5174 Linden Avenue

Long Beach, CA 90805
$1,200,000
0.11 acres | #PW24187680
Courtesy of Koinos Real Estate Group

Description

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.

  • Property Details
      • Stories:2
      • Lot description:ZeroToOneUnitAcre
      • Acres:0.1121
      • Parking spaces:1
      • Property type:Multi-Family
      • Year built:1957
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:Lakewood City/Long Beach (LCB)
      • County:Los Angeles
      • Original List Price:$1, 200, 000
      • MLS #:PW24187680
      • Cost:1200000
      • Property subtype:Apartment
      • MLS #:PW24187680

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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