Est. cap rate

2.8%

Assumed rent, all units

$6,030/mo

Units

3

Price per unit

$430,000

Est. annual NOI

$36,180

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

3,500 sqft

Lot size

7,523 sqft

Year built

1905

Stories

1

Garage spaces

6

Heating

Central

Cooling

None

Pool

None

Status

Active

Days on market

88

MLS #

243058500

About this property

Exceptional income-producing multi-family property featuring two distinct structures on a single lot. The front single-family residence offers 3 bedrooms, 2 bathrooms, a spacious living room, and a fully equipped kitchen. The rear duplex, built in 2008, includes a 3-bedroom, 3-bathroom unit alongside a 2-bedroom, 2-bathroom unit. Each unit includes access to a detached 2-car garage with washer and dryer hookups, plus additional dedicated parking spaces for all residents. Units are individually metered for gas, electricity, water, and trash, leaving the owner responsible only for low-cost common area utilities and landscaping. Ideally situated in prime Downtown Long Beach directly behind St. Mary’s Medical Center and less than two miles from the Aquarium of the Pacific. Current rents offer significant value-add potential well below market rate. Buyer to verify all information.

Location

1125 Linden Avenue

Long Beach, Los Angeles, CA, 90813