Multi-Family
235 – 237 Linden Avenue
Property Snapshot
Address
235 -237 Linden Avenue
Long Beach, CA 90802
Long Beach, CA 90802
Purchase Price
$3,560,000.00
Number of Units
18
% Increase in Rents
Since Closing
Since Closing
10.03%
Projected IRR
17.26%
Built in 1913, the property is located in the highly desirable and trendy East Village Arts District, with a Walk Score of 92, and just blocks away from the Ocean, Rainbow Lagoon Park, and over 50 restaurants -the subject property has a total of 18 units with a mix of studios and One Bed + One Bath units, and on-site laundry.
Cochise Capital has increased the rents by greater than 10%.