1478 Linden Ave Long Beach, CA 90813
Central Neighborhood
6
Beds
3
Baths
2,630
Sq Ft
5,465
Sq Ft Lot
Highlights
- Craftsman Architecture
- Cooling System Mounted To A Wall/Window
- 1 Car Garage
- Long Beach Polytechnic High School Rated A
- Laundry Room
- 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 90813An 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-bathroomPrivate front yard & large backyardLaundry hookups1-car garage (included in lease)Current rent: $2,365/month1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft)1-bedroom, 1-bathroom + bonus office nook.Private front yardPrivate laundry room (attached to back of garage)Current rent: $1,550/month1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft)2-bedroom, 1-bathroom + bonus office nookNo laundry hookupsCurrent rent: $1,835/monthInvestment Highlights:Total monthly rental income: $5,750Actual 5.4% cap rateAlley access with gated entryMassive backyard with potential to build 2-3 ADUs between the two structuresThis 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,988
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
- 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
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
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 Charnell Cody James
Bought by
Howell Alton Lee
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.05%
Original Mortgage
$915,000
Outstanding Balance
$914,192
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
-$16,651
Purchase Details
Closed on
Jan 17, 2025
Sold by
Charnell Cody James
Bought by
Long Beach Trading Company Inc and Charnell
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
7.70%
Original Mortgage
$618,589
Interest Rate
2.9%
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
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $915,000 | Old Republic Title | |
| Gift Deed | -- | Old Republic Title | |
| Quit Claim Deed | -- | Old Republic Title | |
| Grant Deed | $630,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $915,000 | VA | |
| Previous Owner | $621,000 | New Conventional | |
| Previous Owner | $618,589 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 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
Seller's Agent in 2025
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
3 in this area
103 Total Sales
-
Theresa Cornwell
T
Buyer's Agent in 2025
Theresa Cornwell
Sage Real Estate Group, Inc.
(562) 270-2334
1 in this area
3 Total Sales
-
CRYSTAL YOUNG
C
Seller's Agent in 2020
CRYSTAL YOUNG
Resound Properties
(626) 863-2221
1 in this area
25 Total Sales
-
PETER LUI
P
Seller Co-Listing Agent in 2020
PETER LUI
KENT REALTY & INVESTMENT
(626) 282-9228
1 in this area
8 Total Sales
-
Cody Charnell
Buyer's Agent in 2020
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
3 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25037814
APN: 7269-031-005
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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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