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Listed by Anthony Walker • Buckingham Investments, Inc
$ 1,300,000
Est. payment /mo
New
4446 Linden Avenue Long Beach, CA 90807
3,266 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,266 sqft
Price per Sqft $398
MLS Listing ID CRSB25237138
HOA Y/N No
Year Built 1944
Lot Size 7,908 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Rare 4 unit property in the best part of Bixby Knolls on the market 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. 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.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Exterior
View None
Building
Lot Description Other
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