Triplex with Detached
For Sale
$1,290,000
1125 Linden Avenue, Long Beach, CA 90813
Three residences occupy two structures, with individually metered utilities and resident parking.
Property Size3,500 SF
Price / SF$368.57
Days on Market147
Property Features for 1125 Linden Avenue
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Triplex
Site & Location
Neighborhood
Saint Marys
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/3BA, 1 x 2BR/2BA
Multifamily Units
3
Individually Metered Utilities
gas, electricity, water, trash
Taxes and HOA fees
Annual Taxes
$16,368
Amenities
washer and dryer hookups
Building Details
Building Size
3,500 SF
Year Built
1905
Buildings
2
Listing Agency:
Coldwell Banker
Listed By:
Shim Real Estate
(310) 486-7197
Source:
Shimrealestate
Added: Jun 8
Changed: Oct 31
Last Checked: Oct 31 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker
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Investment Insights
Based on property information with market context.
This triplex comprises a front single-family residence and a rear duplex on one lot. The front home has 3 bedrooms, 2 bathrooms, a living room, and a fully equipped kitchen. Built in 2008, the rear structure contains one 3-bedroom, 3-bathroom unit and one 2-bedroom, 2-bathroom unit. A detached 2-car garage has washer and dryer hookups, and additional dedicated parking is provided for residents.
Gas, electricity, water, and trash are individually metered by unit. The owner is responsible for common-area utilities and landscaping. The property is in Downtown Long Beach, directly behind St. Mary's Medical Center and less than two miles from the Aquarium of the Pacific. The property year built is 1905.
Gas, electricity, water, and trash are individually metered by unit. The owner is responsible for common-area utilities and landscaping. The property is in Downtown Long Beach, directly behind St. Mary's Medical Center and less than two miles from the Aquarium of the Pacific. The property year built is 1905.
Key Highlights
- Three residences across a front house and rear duplex
- Front residence offers 3 bedrooms and 2 bathrooms
- Rear duplex, built in 2008, includes a 3‑bedroom/3‑bathroom unit and a 2‑bedroom/2‑bathroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,447
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,940
$1.6M
Cap Rate 7%
$1,149,243
$1.1M
Cap Rate 9%
$893,856
$893.9K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$119.7K $34.20/SF
− Vacancy
−$4.8K −$1.36/SF
EGI
$114.9K $32.84/SF
− OpEx
−$34.5K −$9.85/SF
NOI
$80.4K $22.98/SF
Area
ZIP 90813
Vacancy
3.99%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,940
Cap Rate 7%
$1,149,243
Cap Rate 9%
$893,856
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,447 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$1.06M
$926.7K – $1.24M
NOI $74,135 @ 7.0% cap · market cap 5.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,185
Businesses Nearby
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Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences occupy two structures, with individually metered utilities and resident parking.
Where is this triplex located?
The property is located at 1125 Linden Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Three residences across a front house and rear duplex; Front residence offers 3 bedrooms and 2 bathrooms; Rear duplex, built in 2008, includes a 3‑bedroom/3‑bathroom unit and a 2‑bedroom/2‑bathroom unit
