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Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 1,200,000

Est. payment -/mo

Save

Active

5174 Linden AVE Long Beach, CA 90805

4,883 Sqft Lot

UPDATED:

12/05/2024 01:36 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood City/Long Beach (Lcb)

MLS Listing ID PW24187680

HOA Y/N No

Year Built 1957

Lot Size 4,883 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 28 - Lakewood City

Zoning LBR1N

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7130010002

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Ivette Reese • Koinos Real Estate Group • 714-815-4000

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100