Rare 4 unit property in the best part of Bixby Knolls on the market for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit.
Incredible location in one of the best neighborhoods of Bixby Knolls. Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park.
Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic.
For sale
Listing Provided by:
Anthony Walker DRE #01908153 310-561-4776,
Buckingham Investments, Inc,
Josh Ess DRE #02035659 310-982-7055,
Buckingham Investments, Inc
$1,300,000
4446 Linden Ave, Long Beach, CA 90807
16beds
8baths
3,266sqft
Est.:
Quadruplex
Built in 1944
-- sqft lot
$1,285,800 Zestimate®
$398/sqft
$-- HOA
What's special
Laundry room
- 3 days |
- 276 |
- 14 |
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