636 Linden Avenue

Long Beach, CA 90802
Property listed by Keller Williams Realty Downey, Robert Stepp 310-463-2916
$3,350,000
636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents. The property is comprised of all studio units, with 17 of the 20 unitsRead MoreRead Less
Listing Snapshot
Days Online
97
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1939
MLS Number
PW25181875
Property Location Map
Additional Details
Building
Built in 1939, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Electric: $2,316, Fuel: $2,316, Gardener: $1,085, Insurance: $20,000, Licenses: $1,200, Maintenance: $14,000, Operating: $127,984, Pest Control: $1,200, Trash: $2,315, Water/Sewer: $2,315, Other Expense: $6,000
Income
Gross Income: $334,491, Gross ScheduledIncome: $344,836, Net Operating Income: $206,507
Laundry
CommonArea
Lot
0.1727 acres, SixteenToTwentyUnitsAcre
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7274018010, Tax Block: 45, Lot: 12, Zoning: LBPD30
Utilities
Water Source: Public, 20 separate electric meters, 20 separate gas meters, 20 separate water meters
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Monthly Payment
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Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.