$1,630,000
1136 Linden Avenue
Long Beach, CA 90813
—
Beds
—
Baths
7,275
Square feet
1950
Built
Listing narrative
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.
Property Details
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Price
$1,630,000
Beds
Beds n/a
Type
Condo
Home Size
7,275 sqft
Baths
Baths n/a
Lot Size
0.17 acres
Year
1950
Status
For Sale
Days on Market
69
$ / Sqft
$224
Courtesy of Christopher Arvizu




