Keller Williams Palos Verdes - John Morris
1/13
Listed By: Sage Real Estate Group, Inc., 562-307-0838, Juan Huizar
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
Overview
What It'll Cost
Neighborhood
Similar Homes

$895,000
1478 Linden Avenue, Long Beach, CA 90813
2,630 sq ft
.13 ac
$895,000

1478 Linden Avenue, Long Beach, CA 90813

Estimation provided by Keller Williams Realty Inc.
2,630 sq ft
.13 ac
Active
For Sale

Property Description

For Sale: Spanish-Style Triplex with ADU Potential – 1478 Linden Ave., Long Beach, CA 90813



An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income.



Property Breakdown:

1478 Linden Ave. (Front House – 1,238 sq. ft.)

3-bedroom, 1-bathroom

Private front yard & large backyard

Laundry hookups

1-car garage (included in lease)

Current rent: $2,365/month



1480 Linden Ave. (Downstairs Rear Unit -592 sq. ft)

1-bedroom, 1-bathroom + bonus office nook.

Private front yard

Private laundry room (attached to back of garage)

Current rent: $1,550/month



1482 Linden Ave. (Upstairs Rear Unit - 800 sq. ft)

2-bedroom, 1-bathroom + bonus office nook

No laundry hookups

Current rent: $1,835/month

Investment Highlights:

Total monthly rental income: $5,750

Actual 5.4% cap rate

Alley access with gated entry

Massive backyard with potential to build 2-3 ADUs between the two structures

This is an incredible opportunity for investors looking for immediate cash flow with upside potential. Priced to sell—don’t miss your chance to add this value-packed triplex to your portfolio.

Property Details

Compare This Home
Overview
Property Type
Triplex
Property Size
2,630 sq ft
Year Built
1923
Days on Site
30 Days
HVAC
Wall Furnace, Wall/Window Unit(s)
Parking
1 Parking Space
John Morris Real Estate
Keller Williams Palos Verdes
01382377

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $895,000
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Price & Tax History

Date
Event
Price
02/20/2025
Listed
$895,000
(+42.06%)
09/30/2020
Sold
$630,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,836
(+6.43%)
$655,672
Land 312,120 + Additions 343,552
2022
$8,302
(+2.14%)
$630,220
Land 300,000 + Additions 330,220
2021
$8,128
(+523.46%)
$630,220
Land 300,000 + Additions 330,220
2019
$1,304
(+10.41%)
$57,933
Land 30,829 + Additions 27,104
2017
$1,181
$55,685
Land 29,633 + Additions 26,052
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
John Morris Real Estate
Keller Williams Palos Verdes
01382377

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