636 Linden Avenue new

Long Beach,CA 90802

$ 3350000

- Bed

0 Bath

7204 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,204 sqft

Price per Sqft $465

Subdivision Downtown

MLS Listing ID PW-25181875

Year Built 1939

Lot Size 7,522 Sqft

Property Sub-Type Apartment

Property Description

636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents. The property is comprised of all studio units, with 17 of the 20 units fully renovated with new flooring and upgraded kitchens and baths. The secured-access building features upgraded electrical panels and plumbing, as well as separately metered utilities. With a Walk Score of 92 and Bike Score of 91, the property is conveniently located adjacent to East Village Arts District, Downtown Long Beach, Shoreline Village, and the beach/bike path.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Laundry Common Area

Exterior

Parking Features Gated

Pool None

Community Features Sidewalks

Building

Lot Description 16-20 Units/Acre

Sewer Public Sewer

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