Albert Marin
Re/Max Top Producers
(951) 456-4305
66 Total Sales
1 in Central
$550,000 Price
1478 Linden Ave Long Beach, CA 90813
Central NeighborhoodEstimated Value: $797,000 - $889,000
6
Beds
3
Baths
2,630
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Laundry Room
- Rectangular Lot
- Long Beach Polytechnic High School Rated A
- 1 Car Garage
- 2-minute walk to Peace Park
About This Home
As of May 2025For Sale: Spanish-Style Triplex with ADU Potential – 1478 Linden Ave., Long Beach, CA 90813 An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income. Property Breakdown:
1478 Linden Ave. (Front House – 1,238 sq. ft.)
3-bedroom, 1-bathroom
Private front yard & large backyard
Laundry hookups
1-car garage (included in lease)
Current rent: $2,365/month 1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft)
1-bedroom, 1-bathroom + bonus office nook.
Private front yard
Private laundry room (attached to back of garage)
Current rent: $1,550/month 1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft)
2-bedroom, 1-bathroom + bonus office nook
No laundry hookups
Current rent: $1,835/month
Investment Highlights:
Total monthly rental income: $5,750
Actual 5.4% cap rate
Alley access with gated entry
Massive backyard with potential to build 2-3 ADUs between the two structures
This is an incredible opportunity for investors looking for immediate cash flow with upside potential. Priced to sell—don’t miss your chance to add this value-packed triplex to your portfolio.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 02/20/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,465 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- Parking Available
- Driveway
Home Design
- Triplex
- Craftsman Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Raised Foundation
- Shingle Roof
Interior Spaces
- 2,630 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Gas Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 41
- Assessor Parcel Number 7269031005
Community Details
Overview
- 2 Buildings
- 3 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Maintenance Expense $2,250
- Water Sewer Expense $2,160
- New Taxes Expense $11,187
- Operating Expense $18,598
- Gross Income $69,000
- Net Operating Income $48,333
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2025
Closed on
Apr 8, 2025
Sold by
Long Beach Trading Company Inc and James Charnell Cody
Bought by
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Theresa Cornwell
Sage Real Estate Group, Inc.
List Price
$895,000
Sold Price
$915,000
Premium/Discount to List
$20,000
2.23%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,514
Avg. Annual Appreciation
-4.25%
Original Mortgage
$915,000
Interest Rate
0.0662%
Mortgage Type
VA
Purchase Details
Closed on
Jan 17, 2025
Sold by
Villa Beatriz
Bought by
Charnell Cody James
Purchase Details
Listed on
Jul 11, 2020
Closed on
Sep 30, 2020
Sold by
Kwok Lydia Shiu Hung and Choy Philip Sui Fai
Bought by
Charnell Cody James
Seller's Agent
Crystal Young
Resound Properties
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$728,000
Sold Price
$630,000
Premium/Discount to List
-$98,000
-13.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$618,589
Interest Rate
0.029%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 2005
Sold by
Choy Sui Hung and Choy Lai Hung
Bought by
Choy Sui Hung and Choy Lai Hung
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central, CA
-
Albert Marin
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
51 Total Sales
1 in Central
$570,000 Price
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Central
$445,000 Price
-
Gaurav Datta
Gaurav Datta
Y Realty
(562) 850-1338
2 Total Sales
1 in Central
$1,090,000 Price
-
Jane Castillo
Jane Castillo
Keller Williams Realty
(424) 283-4769
21 Total Sales
1 in Central
$420,000 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
2 in Central
$645,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $915,000 | Old Republic Title | ||
| Charnell Cody James | -- | Old Republic Title | |
| Long Beach Trading Company Inc | -- | Old Republic Title | |
| Charnell Cody James | $630,000 | Stewart Title Of California | |
| Choy Sui Hung | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $923,307 | ||
| Closed | Howell Alton | $915,000 | |
| Previous Owner | Charnell Cody James | $621,000 | |
| Previous Owner | Charnell Cody James | $618,589 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $915,000 | +2.2% | $348 / Sq Ft | |
| 02/20/2025 02/20/25 | For Sale | $895,000 | +42.1% | $340 / Sq Ft | |
| 10/06/2020 10/06/20 | Sold | $630,000 | -13.5% | $240 / Sq Ft | View Prior Sale |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- | |
| 07/11/2020 07/11/20 | For Sale | $728,000 | -- | $277 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,420 | $933,300 | $559,980 | $373,320 |
| 2025 | $9,420 | $681,930 | $324,729 | $357,201 |
| 2024 | $8,988 | $668,560 | $318,362 | $350,198 |
| 2023 | $8,836 | $655,452 | $312,120 | $343,332 |
| 2022 | $8,302 | $642,600 | $306,000 | $336,600 |
| 2021 | $8,128 | $630,000 | $300,000 | $330,000 |
| 2020 | $1,317 | $58,153 | $30,829 | $27,324 |
| 2019 | $1,304 | $57,018 | $30,225 | $26,793 |
| 2018 | $1,193 | $55,905 | $29,633 | $26,272 |
| 2016 | $1,090 | $53,525 | $28,483 | $25,042 |
| 2015 | $1,058 | $52,722 | $28,056 | $24,666 |
| 2014 | $1,071 | $51,690 | $27,507 | $24,183 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
JH
Seller's Agent in 2025
Juan Huizar
Sage Real Estate Group, Inc.
(562) 725-9009
2 in this area
106 Total Sales
-
Theresa Cornwell
TC
Buyer's Agent in 2025
Theresa Cornwell
Sage Real Estate Group, Inc.
(562) 270-2334
1 in this area
7 Total Sales
-
Crystal Young
Seller's Agent in 2020
Crystal Young
Resound Properties
(626) 863-2221
18 Total Sales
-
PETER LUI
PL
Seller Co-Listing Agent in 2020
PETER LUI
KENT REALTY & INVESTMENT
(626) 282-9228
5 Total Sales
-
Cody Charnell
Buyer's Agent in 2020
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
2 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25037814
APN: 7269-031-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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