REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,630,000
Est. payment /mo
Active
1136 Linden Avenue Long Beach, CA 90813
3 Beds
7,273 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26190928
Bedrooms 3
Lot Size 7,273 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below market creating additional upside through natural turnover. The property is well-positioned for continued rent growth in one of Long Beach's strongest rental corridors. Key highlights include a pitched roof, upgraded electrical, on-site laundry, and four dedicated parking spaces a rare amenity in this submarket that drives leasing demand and tenant retention. Additional income is generated through parking and laundry facilities. The on-site garage presents a compelling ADU conversion opportunity (Buyer to verify with City), offering a clear path to increased density and long-term asset appreciation. Do not disturb tenants.
Location
State CA
County Los Angeles
Zoning Other
Direction South of Anaheim Street at Linden Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7274001008
Listed by Christopher Arvizu, DRE#01477085 Christopher Arvizu