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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,131 sqft
Price per Sqft $338
Subdivision Bixby Knolls (Bk)
MLS Listing ID PW20138706
Sold Date 10/30/20
HOA Y/N No
Year Built 1948
Lot Size 8,080 Sqft
Acres 0.1855
Property Description
4437 Linden Avenue is a partially renovated five-unit multifamily investment property in Long Beach, California. The property consists of a one-bedroom house with a den and a fourplex with all two-bedroom units. The property also features income-generating on-site laundry, a two-car garage, and a single-car garage. The units are separately metered for gas and electricity, however Unit 1 shares utility meters with the common areas, and current owner pays utilities for that unit.
Three of the units (Units 1, 2 and 4) have been renovated, with upgrades that include quartz countertops, new tile, new bathrooms, refinished hardwood floors, and more.
4437 Linden Avenue is well-located in the desirable Bixby Knolls neighborhood near the Virginia Country Club and conveniently near retailers such as Trader Joe’s, Marshalls, Rite Aid, Vons, and more.
This offering presents a great opportunity to acquire a partially renovated asset in a desirable neighborhood with a great unit mix and 16 percent rental upside.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR3S
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Total Parking Spaces 3
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7134019004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew Mahowald • Buckingham Investments, Inc
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