$1,595,000 - 836 Linden Avenue, Long Beach

  • 0Beds
  • Baths
  • 5,212SQ. Feet
  • 0.18Acres

We are pleased to present a six-unit multifamily community located in the excellent rental market of Downtown Long Beach, California. Built in 1931, the property has approximately 5,212 rentable square feet on an 8,212-square foot lot. Located on a quiet street, the building has a great unit mix of two studios, two one-bedroom / one-bathroom units, and two two-bedroom / two-bathroom units. The subject property has ample parking for tenants convenience.   The property is within a short distance to the hub of tourism, business, and transit that is Downtown Long Beach. This is a rare opportunity to acquire a quality, pride-of-ownership asset in this outstanding rental market and would make a great addition to any investors portfolio. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment of $3.3 billion. An example of this large-scale redevelopment is the Long Beach Civic Center, which is estimated to be completed late 2019. The Civic Center will include a new city hall and the Port of Long Beach headquarters, as well as multi-family residential units. Long Beach sustains its ability to attract renters due to its strong economy and high quality of life.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19152539
  • Price:$1,595,000
  • Bathrooms:0.00
  • Square Footage:5,212
  • Acres:0.18
  • Year Built:1931
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:836 Linden Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Linden Avenue (LAV)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:5
  • # of Garages:5

Interior

  • Appliances:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:June 27th, 2019
  • Days on Market:83
  • Zoning:LBR4N

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Provided By: Kevin King(01158184), Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of September 19th, 2019 at 9:19pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.