
Long Beach, California 90813
This triplex represents a High-Potential Investment Opportunity, listed at $1,290,000—positioned slightly above the $1,287,089 Fair Market Value. Featuring a Condition Rating of 3, the property includes a modern 2008-built duplex and a 1905 front residence. With separate utility meters and superior parking capacity, this asset minimizes management overhead while maximizing rental appeal. The property offers a stable, income-producing foundation in a high-density market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1125 Linden Avenue Subject | $1,290,000* List Price | 0 | 0 | 3,500 | $369 | - |
A 834 Walnut Sold | $1,425,000 | 0 | 0 | 3,993 | $357 | 0.9 mi |
B 826 Gaviota Sold | $1,190,000 | 0 | 0 | 3,119 | $382 | 1.0 mi |
C 1612 E 7th Sold | $1,150,000 | 0 | 0 | 3,022 | $381 | 1.0 mi |
D 1631 Pine Sold | $950,000 | 0 | 0 | 2,320 | $409 | 0.5 mi |
E 1146 Daisy Sold | $920,000 | 0 | 0 | 2,668 | $345 | 0.7 mi |
F 757 N Loma Vista Active | $1,100,000 List Price | 0 | 0 | 3,500 | $314 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a duplex built in 2008 (16 years old) which anchors the condition rating. Interior images show well-maintained laminate flooring, neutral paint, and functional fixtures. While the front house is much older (1905), the newer construction of the rear units and the presence of separate modern utility meters make the property move-in ready and functional for tenants.
The 2008-built duplex offers contemporary living standards and spacious floor plans, including a rare 3-bedroom unit, which commands higher rental premiums compared to older area stock.
All units are equipped with separate meters for water, gas, and electricity, significantly reducing owner operating expenses and simplifying property management.
The inclusion of 2-car garages for each unit plus additional on-site parking is a major competitive advantage in the high-density Downtown Long Beach market where parking is scarce.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3500, other record living area = 2766.
The 1905 front residence may necessitate higher maintenance costs and capital improvements to systems like plumbing or electrical to match the efficiency of the newer rear buildings.
The property's location directly behind a major hospital and in a dense downtown area may result in increased noise levels and traffic, which could impact tenant preferences.
Exceptional income-producing multi-family property featuring two distinct structures on a single lot. The front single-family residence offers 3 bedrooms, 2 bathrooms, a spacious living room, and a fully equipped kitchen. The rear duplex, built in 2008, includes a 3-bedroom, 3-bathroom unit alongside a 2-bedroom, 2-bathroom unit. Each unit includes access to a detached 2-car garage with washer and dryer hookups, plus additional dedicated parking spaces for all residents. Units are individually metered for gas, electricity, water, and trash, leaving the owner responsible only for low-cost common area utilities and landscaping. Ideally situated in prime Downtown Long Beach directly behind St. Mary’s Medical Center and less than two miles from the Aquarium of the Pacific. Current rents offer significant value-add potential well below market rate. Buyer to verify all information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 3,500 | 2,300.724 |
| Lot Size | 7,523 | 5,277.379 |
| Price | $1.29M | $1.24M |
| Price per sq ft | $369 | $513 |
| Built year | 1905 | 1949 |
| HOA | $0 | $0 |
| Days on market | 93 | 74 |
Jun 8, 2026
$1,290,000
Initial Listing
Sep 22, 2016
$810,000
Public Record