1575 Linden Ave, Long Beach, CA 90813
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1575 Linden Ave Long Beach, CA 90813

$1,500,000 Sold Price as of 04/29/2022
  • 10 Beds
  • 6 Baths
  • 3,974 Sq.Ft.
Sold
$1,500,000 Sold Price as of 04/29/2022 Refinance Your Mortgage

Map preview of 1575 Linden Ave, Long Beach, CA 90813

Property Overview: 1575 Linden Ave Long Beach, CA has 10 bedrooms, 6 bathrooms, 3,974 living square feet and 6,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 6 unit apartment building centrally located near elementary school, medical center, parks, shopping and transportation. The front two level building was originally four one bedroom plus den and one bath units, the dens were converted to bedrooms so now they are four two bedroom one bath units. The rear building has two one bedroom one bath units, community laundry room and five car garage off the alley. Unit C in the front and unit 1577 have use of the garages, all others use street parking.

Listed by Steve Schloeder | BRE #00612682 | Bonanza Realty
Last checked: 10 minutes ago | Last updated: April 29th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,498
HOA Dues
$0/mo
Year built
1928
Garage
5 Car
Property Type:
Apartment
Status
Sold
MLS#
SB22016445
City
Long Beach
County
Los Angeles
Time on Site
840 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,200
  • Net Operating Income: $77,370
  • Gross Operating Income: --
  • # of Rented Garages: 5
  • Garage Rental Rate: $300
  • Garage Rental Income: $3,600
  • Laundry Income: $600
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $28,830
  • Electric: $480
  • Licenses: $500
  • New Taxes: $22,250
  • Trash: $0
  • Insurance: $2,400
  • Maintenance: $1,000
  • Professional Management: $0
  • Water/Sewer: $2,200

Property Details for 1575 Linden Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7269024011
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: South of PCH between Long Beach Blvd & Atlantic
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

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Sale History for 1575 Linden Ave

Last sold for $1,500,000 on April 29th, 2022
  • January, 2022

  • Jan 27, 2022

    Date

    Active

    CRMLS: SB22016445

    $1,450,000

    Price

  • June, 2021

  • Jun 17, 2021

    Date

    Canceled

    CRMLS: SB21096414

    $1,780,000

    Price

  • May 7, 2021

    Date

    Active

    CRMLS: SB21096414

    $1,780,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2013

  • Nov 18, 2013

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

  • February, 2013

  • Feb 7, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1575 Linden Ave

Assessed Value (2020): $694,949
Year Land Value Improved Value Assessed Value
2020 $280,221 $414,728 $694,949

Home Value Compared to the Market

This property vs the competition

1575 Linden Ave sold on April 29, 2022 for 81.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $364.87 per/sqft which puts the price per square foot 42.27% lower than the current median sale per square foot for the city of Long Beach.

About 1575 Linden Ave

Detailed summary of property

1575 Linden Ave is a apartment that recently sold in Long Beach, CA 90813. This apartment offered 10 bedrooms, 6 bathrooms, roughly 3,974 living square feet, and sits on an approximately 6,498 square foot lot. 1575 Linden Ave was first listed on ArdentRealEstateGroup.com on January 27, 2022. The homeowner sold the property for $1,500,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 81.25% higher than the current median priced home. Local homes that are currently for sale include 1825 Cherry Ave, 2535 Magnolia Ave and 436 Gaviota Ave. While the average home in Long Beach, CA is selling in 51 days, 1575 Linden Ave has a days on market of 8 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1575 Linden Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1575 Linden Ave

Public county record property details
Beds
6
Baths
6
Year built
1928
Sq. Ft.
3,974
Lot Size
6,498
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7269-024-011

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.