510 Linden Ave, Long Beach, CA 90802
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510 Linden Ave Long Beach, CA 90802

$975,000 Sold Price as of 05/13/2019
  • 2 Beds
  • 4 Baths
  • 2,724 Sq.Ft.
Sold
$975,000 Sold Price as of 05/13/2019 Refinance Your Mortgage

Map preview of 510 Linden Ave, Long Beach, CA 90802

Property Overview: 510 Linden Ave Long Beach, CA has 2 bedrooms, 4 bathrooms, 2,724 living square feet and 3,799 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully maintained 4plex in Alamitos Beach area of Long Beach. Originally built in 1922, but remodeled in 2008. There are two studios and two one bedroom apartments plus a spacious attic that is accessed from the upstairs apartment that is being used for storage but perhaps could be used to expand the living area . The units are in great condition and upgraded including hardwood floors in living areas, ceramic tile in the kitchens, travertine in the bathrooms, gas stove and gas wall heaters, and a refrigerator in each unit. there is a dishwasher in the owner's unit. The lot is beautifully landscaped with drought tolerant succulents and has space in the back for a small seating area or bike storage and parking for 3 cars (may be able to expand to 4). The units share a clean and organized laundry room with room for all to store supplies. This property has been meticulously cared for in every way. One of the units is owner occupied and so the building has been treated like home. Fresh paint, copper plumbing, new windows, premium finishes, and most if all, hand selected tenants. Located in Down Town Long Beach, close to public transportation, businesses, restaurants, the convention center, the Courthouse and the beach! This property is ideal for living in one unit (or two and remodeling into a fabulous duplex) and renting out the rest, or for the worry free rental income.

Listed by Costanza Genoese Zerbi | BRE #01941438 | Redfin Corporation
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
3,799
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW19002705
City
Long Beach
County
Los Angeles
Time on Site
1522 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $53,352
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,648
  • Electric: $1,375
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,840
  • Water/Sewer: $2,833

Property Details for 510 Linden Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Walkstreet, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7281002008
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: 5th and Linden
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

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Sale History for 510 Linden Ave

Last sold for $960,000 on May 13th, 2019
  • May, 2019

  • May 13, 2019

    Date

    Sold

    CRMLS: PW19002705

    $975,000

    Price

  • May 7, 2019

    Date

    Pending

    CRMLS: PW19002705

    $999,990

    Price

  • Mar 16, 2019

    Date

    Active Under Contract

    CRMLS: PW19002705

    $999,990

    Price

  • Feb 14, 2019

    Date

    Price Change

    CRMLS: PW19002705

    $999,990

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: PW19002705

    $1,025,000

    Price

  • May, 2019

  • May 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $960,000

    Price

Show More

Tax History for 510 Linden Ave

Assessed Value (2020): $979,200
Year Land Value Improved Value Assessed Value
2020 $632,400 $346,800 $979,200

Home Value Compared to the Market

This property vs the competition

510 Linden Ave sold on May 13, 2019 for 22.1% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $367.1 per/sqft which puts the price per square foot 41.54% lower than the current median sale per square foot for the city of Long Beach.

About 510 Linden Ave

Detailed summary of property

510 Linden Ave is a fourplex that recently sold in Long Beach, CA 90802. This fourplex offered 2 bedrooms, 4 bathrooms, roughly 2,724 living square feet, and sits on an approximately 3,799 square foot lot. 510 Linden Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $975,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 22.1% higher than the current median priced home. Local homes that are currently for sale include 1961 Pine Ave, 2000 Pacific Ave and 401 E 21st St. While the average home in Long Beach, CA is selling in 62 days, 510 Linden Ave has a days on market of 63 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 510 Linden Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 510 Linden Ave

Public county record property details
Beds
2
Baths
4
Year built
1922
Sq. Ft.
2,724
Lot Size
3,798
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17,18
APN
7281-002-008

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

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Related Resources to 510 Linden Ave

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.