Jack Nendel
RE/MAX Platinum Realty
(562) 612-7506
13 Total Sales
1 in Sunrise
$525,000 Price
2430 Linden Ave Long Beach, CA 90806
Sunrise Neighborhood
3
Beds
2
Baths
5,006
Sq Ft
5,165
Sq Ft Lot
Highlights
- Laundry Facilities
- Long Beach Polytechnic High School Rated A
- Paved or Partially Paved Lot
About This Home
As of March 20212430 Linden Ave is located in an exceptional Long Beach location. It is located right off the 710 freeway with the 405 freeway neighboring to the east. It is centrally located with access to public transportation, as well as many stores and restaurants.
The subject property has a total of 7 units. The unit mix consists of five - 2 Bd/1 Ba and two - 1 Bd/1 Ba units. The property has been very well-maintained and is experiencing 100% collections. The property comprises 1, two-story building built in 1963 with some renovations done over the years. This property is located in a very good rental market and there is a potential 62% upside in NOI.
The property also features onsite laundry and ample amount of parking. 2430 Linden Ave would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow
Last Agent to Sell the Property
Younglewin Advisors, Inc. License #01963090 Listed on: 12/07/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,165 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Parking
- 5 Car Garage
Interior Spaces
- 5,006 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 2339
- Assessor Parcel Number 7208007016
Community Details
Overview
- 7 Units
- Signal Hill Subdivision
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- Insurance Expense $2,253
- New Taxes Expense $21,618
- Operating Expense $41,924
- Gross Income $109,895
- Net Operating Income $67,971
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sunrise, CA
-
Jack Nendel
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
119 Total Sales
2 in Sunrise
$600K - $680K Price Range
-
Marjorie Tyson
Marjorie Tyson
Coldwell Banker Envision
(424) 378-4827
18 Total Sales
1 in Sunrise
$600,000 Price
-
Andrew Villagomez
Andrew Villagomez
Real Broker
(442) 327-1202
78 Total Sales
1 in Sunrise
$1,220,000 Price
-
David Sevanian
David Sevanian
Responds QuicklyKeller Williams VIP Properties
(661) 430-5099
71 Total Sales
1 in Sunrise
$462,500 Price
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
23 Total Sales
1 in Sunrise
$805,000 Price
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 |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $1,600,000 | -4.5% | $320 / Sq Ft |
| 03/15/2021 03/15/21 | Price Changed | $1,675,000 | 0.0% | $335 / Sq Ft |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | Price Changed | $1,675,000 | -1.5% | $335 / Sq Ft |
| 12/07/2020 12/07/20 | For Sale | $1,700,000 | -- | $340 / 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 | $23,457 | $1,766,527 | $662,447 | $1,104,080 |
| 2025 | $23,457 | $1,731,890 | $649,458 | $1,082,432 |
| 2024 | $22,431 | $1,697,932 | $636,724 | $1,061,208 |
| 2023 | $22,048 | $1,664,640 | $624,240 | $1,040,400 |
| 2022 | $20,698 | $1,632,000 | $612,000 | $1,020,000 |
| 2021 | $13,640 | $1,043,077 | $386,323 | $656,754 |
| 2020 | $13,604 | $1,032,382 | $382,362 | $650,020 |
| 2019 | $13,445 | $1,012,140 | $374,865 | $637,275 |
| 2018 | $13,063 | $992,295 | $367,515 | $624,780 |
| 2016 | $12,011 | $953,765 | $353,245 | $600,520 |
| 2015 | $9,971 | $800,000 | $342,900 | $457,100 |
| 2014 | $8,970 | $700,000 | $300,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Young
Seller's Agent in 2021
Shane Young
Younglewin Advisors, Inc.
(562) 556-1118
32 Total Sales
-
Tyler Leeson
Buyer's Agent in 2021
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
170 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20253338
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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