626 Linden

Long Beach, CA 90802
$1,650,000
• Excellent East Village Arts District Location - Walk Score of 97 • Well maintained property • Upgraded electric panels • Approximately 18% rental upside • 6.2% Cap Rate – current rents 8.1% Cap Rate – market rents • 13.1% Pro Forma return
Property listed by Morgan Skenderian, Grant Hahn 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1918
MLS Number
PW26101728
Property Location Map
Additional Details
Building
Built in 1918, 3 buildings, 2 stories, Entry level: 1, Entry location: front
Community
Sidewalks
Expenses
Electric: $3,121, Insurance: $6,515, Operating: $52,867
Garage
2 spaces
Income
Gross Income: $165,792, Gross ScheduledIncome: $165,792, Net Operating Income: $107,967
Laundry
CommonArea
Lot
0.1731 acres, TwentySixToThirtyUnitsAcre
Parking
2 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7274018012, Tax Block: 45, Lot: 16
Utilities
Water Source: Public, 9 separate electric meters, 9 separate gas meters
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Monthly Payment
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Michael Harby
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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.