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2253 Linden Ave, Long Beach, CA 90806
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2253 Linden Ave Long Beach, CA 90806

$1,159,000 Sold Price as of 01/23/2023
  • 6 Beds
  • 4 Baths
  • 2,316 Sq.Ft.
Sold
$1,159,000 Sold Price as of 01/23/2023 Refinance Your Mortgage
Map preview of 2253 Linden Ave, Long Beach, CA 90806

Property Overview: 2253 Linden Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,316 living square feet and 5,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This turn key Long Beach Fourplex is a money maker on day one. All the kitchens and bathrooms have been upgraded in the past three years. Kitchens have new flooring, appliances, cabinets and quartz countertops. All units have newer mini-split AC/Heater units in the living rooms. Over $90,000 in upgrades the past three years. The two one bedroom units have laundry hook ups inside their garages. Garage doors were all replaced recently. Units are separately metered for gas and electricity. Some rents are dues for a 10% increase. All tenants are current on their rent payments.

Listed by Brad Davidson | BRE #01416432 | We Help U Buy Realty
Last checked: 3 minutes ago | Last updated: January 23rd, 2023 | Source CRMLS | DOM: 106

Home details

Lot Sq. Ft
5,614
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22183463
City
Long Beach
County
Los Angeles
Time on Site
651 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,994
  • Total Rent: $1,994
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.99
  • Gross Scheduled Income: $84,988
  • Net Operating Income: $74,220
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,990
  • Trash: $540
  • Gardener: $1,860
  • Insurance: $2,052
  • Water/Sewer: $828

Property Details for 2253 Linden Ave

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless, Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7208020006
  • 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: Willow & Atlantic
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2253 Linden Ave

Last sold for $1,159,000 on January 23rd, 2023

  • January, 2023

  • Jan 23, 2023

    Date

    Sold

    CRMLS: OC22183463

    $1,159,000

    Price

  • Aug 25, 2022

    Date

    Active

    CRMLS: OC22183463

    $1,189,000

    Price

  • October, 2017

  • Oct 26, 2017

    Date

    Sold

    CRMLS: SB17202167

    $855,000

    Price

  • Oct 6, 2017

    Date

    Pending

    CRMLS: SB17202167

    $825,000

    Price

  • Aug 31, 2017

    Date

    Active

    CRMLS: SB17202167

    $825,000

    Price

  • Listing provided courtesy of CRMLS

    6% Cash on Cash Return. 4 Garages! Best Investor Purchase on the Market by far: No property listed will give this cash on cash return day 1. Pro-forma Cash on Cash return is almost 11% Best Cap Rate: 5.7% Best COC Return: 6.04% Best Pro-Forma: 10.9% COC Do not miss this opportunity to own this pride of ownership 4 unit building in a great neighborhood of Long Beach. Turn Key Property. Property is right next to a great Elementary School and has wonderful long term tenants. Property features brand new stucco exterior and renovated interiors. This owner takes very good care of this building, it is self managed and she visits every week. Property has 4 garaged parking spaces. It is separately metered for gas and electric per unit.

  • October, 2017

  • Oct 25, 2017

    Date

    Sold (Public Records)

    Public Records

    $855,000

    Price

  • September, 2017

  • Sep 18, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2253 Linden Ave

Assessed Value (2020): $889,542
Year Land Value Improved Value Assessed Value
2020 $312,120 $577,422 $889,542

Home Value Compared to the Market

This property vs the competition

2253 Linden Ave sold on January 23, 2023 for 30.59% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $502.98 per/sqft which puts the price per square foot 23.68% lower than the current median sale per square foot for the city of Long Beach.

About 2253 Linden Ave

Detailed summary of property

2253 Linden Ave is a fourplex that recently sold in Long Beach, CA 90806. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,316 living square feet, and sits on an approximately 5,614 square foot lot. 2253 Linden Ave was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $1,159,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 30.59% higher than the current median priced home. Local homes that are currently for sale include 1612 E 53rd St, 246 E Hullett St and 1624 E 109th St. While the average home in Long Beach, CA is selling in 51 days, 2253 Linden Ave has a days on market of 106 days. There are currently 699 homes for sale in the Long Beach real estate market and 394 of them are single family homes while 285 of them are condos and 20 are townhomes. For more information on this home for sale at 2253 Linden Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2253 Linden Ave

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
2,316
Lot Size
5,592
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7208-020-006

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$657
Total Inventory
14
Median Sale to List Price %
111.33%
Avg Days on Market
17
Loan Type
Conventional (37.5%), FHA (12.5%), VA (0%), Cash (0%), Other (37.5%)

Thinking of Selling?

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(714) 706-1823

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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.

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