6107 Linden Ave, Long Beach, CA 90805
Image 2 for 6107 Linden Ave, Long Beach, CA 90805
Image 3 for 6107 Linden Ave, Long Beach, CA 90805
View Photos

6107 Linden Ave Long Beach, CA 90805

$2,400,000 Sold Price as of 01/03/2022
  • 19 Beds
  • 10 Baths
  • 6,610 Sq.Ft.
Sold
$2,400,000 Sold Price as of 01/03/2022 Refinance Your Mortgage

Map preview of 6107 Linden Ave, Long Beach, CA 90805

Property Overview: 6107 Linden Ave Long Beach, CA has 19 bedrooms, 10 bathrooms, 6,610 living square feet and 7,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a completely turn-key apartment building located in Long Beach, California. Built in 1959, the subject property consists of 6,450 rentable square feet spread throughout a 6,500 square foot lot. Eight units are 2 bedroom / 1 bathroom units and one unit is 3 bedroom / 2 bathroom. There are 6 garages and storage for tenant convenience and can also be used to generate income for the owner. It has a pitched roof and is also separately metered for gas and electricity which helps keep expenses to a minimum. There is also a laundry room which makes additional income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a high demand rental market with strong in place income in one of the best neighborhoods of Long Beach.

Listed by Kevin King | BRE #01158184 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1962
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21165954
City
Long Beach
County
Los Angeles
Time on Site
973 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 7
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,562
  • Total Rent: $12,495
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $172,740
  • Net Operating Income: $118,645
  • Gross Operating Income: --
  • Laundry Income: $4,800
Annual Expense Breakdown
  • Total Operating Expense: $53,713
  • Electric: $5,400
  • Gas/Fuel: $744
  • Trash: $744
  • Insurance: $744
  • Professional Management: $8,757
  • Water/Sewer: $744

Property Details for 6107 Linden Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7125009012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Septic Type Unknown
  • Water Source: Private
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Left on E 61st St onto Linden
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Loading...

Sale History for 6107 Linden Ave

Last sold for $2,400,000 on January 3rd, 2022
  • July, 2021

  • Jul 28, 2021

    Date

    Active

    CRMLS: PW21165954

    $2,425,000

    Price

  • July, 2021

  • Jul 24, 2021

    Date

    Expired

    CRMLS: PW20239550

    $2,425,000

    Price

  • Apr 22, 2021

    Date

    Active

    CRMLS: PW20239550

    $2,425,000

    Price

  • Apr 22, 2021

    Date

    Hold

    CRMLS: PW20239550

    $2,425,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: PW20239550

    $2,425,000

    Price

  • Apr 19, 2021

    Date

    Hold

    CRMLS: PW20239550

    $2,425,000

    Price

  • Mar 12, 2021

    Date

    Price Change

    CRMLS: PW20239550

    $2,425,000

    Price

  • Nov 13, 2020

    Date

    Active

    CRMLS: PW20239550

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a completely turn-key apartment building located in Long Beach, California. Built in 1959, the subject property consists of 6,450 rentable square feet spread throughout a 6,500 square foot lot. Eight units are 2 bedroom / 1 bathroom units and one unit is 3 bedroom / 2 bathroom. There are 6 garages and storage for tenant convenience and can also be used to generate income for the owner. It has a pitched roof and is also separately metered for gas and electricity which helps keep expenses to a minimum. There is also a laundry room which makes additional income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to shops, restaurants, cafes, entertainment centers and grocery stores.

  • June, 2018

  • Jun 20, 2018

    Date

    Sold

    CRMLS: PW18031531

    $1,965,000

    Price

  • Apr 9, 2018

    Date

    Active Under Contract

    CRMLS: PW18031531

    $1,995,000

    Price

  • Mar 13, 2018

    Date

    Price Change

    CRMLS: PW18031531

    $1,995,000

    Price

  • Feb 9, 2018

    Date

    Active

    CRMLS: PW18031531

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    An excellent opportunity to acquire a 9-unit multifamily building in North Long Beach. Located at 6107 Linden Ave. this multifamily asset was built in 1962. It offers an ideal unit mix composed of eight 2 bed, 1 bath units and one 3 bed, 1 bath unit. The building is in excellent condition as a number of improvements were made over the last two years. The roof, plumbing, exterior and interior of all units was significantly updated creating a modernized, turn-key asset. Residents enjoy use of six private garages for off-street parking and extra storage. Total building square footage is 6,610 square feet.

  • June, 2018

  • Jun 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,965,000

    Price

  • March, 2016

  • Mar 10, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,360,000

    Price

Show More

Tax History for 6107 Linden Ave

Assessed Value (2020): $2,044,786
Year Land Value Improved Value Assessed Value
2020 $364,140 $1,680,646 $2,044,786

Home Value Compared to the Market

This property vs the competition

6107 Linden Ave sold on January 3, 2022 for 191.36% higher than the current median sold price for the city of Long Beach which is $832,312. The median sold price per/sqft for Long Beach is $616 and this home is sold at $366.87 per/sqft which puts the price per square foot 40.44% lower than the current median sale per square foot for the city of Long Beach.

About 6107 Linden Ave

Detailed summary of property

6107 Linden Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 19 bedrooms, 10 bathrooms, roughly 6,610 living square feet, and sits on an approximately 7,001 square foot lot. 6107 Linden Ave was first listed on ArdentRealEstateGroup.com on July 28, 2021. The homeowner sold the property for $2,400,000. Home in Long Beach are selling for a median price of $832,312 and a median price per square foot of $616. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 191.36% higher than the current median priced home. Local homes that are currently for sale include 441 Dawson Ave, 1517 E 1st St and 1534 E 1st St. While the average home in Long Beach, CA is selling in 59 days, 6107 Linden Ave has a days on market of 70 days. There are currently 529 homes for sale in the Long Beach real estate market and 287 of them are single family homes while 229 of them are condos and 13 are townhomes. For more information on this home for sale at 6107 Linden Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 6107 Linden Ave

Public county record property details
Beds
18
Baths
9
Year built
1962
Sq. Ft.
6,610
Lot Size
7,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7125-009-012

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$689,990
Median List Price/Sq.Ft.
$557
Median Sold Price
$649,000
Median Sold Price/Sq.Ft.
$557
Total Inventory
51
Median Sale to List Price %
103.02%
Avg Days on Market
44
Loan Type
Conventional (50%), FHA (30%), VA (10%), Cash (10%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.