636 Linden Avenue Active

Long Beach,CA 90802

$ 3350000

- Bed

0 Bath

7204 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,204 sqft

Price per Sqft $465

MLS Listing ID CRPW25181875

Year Built 1939

Lot Size 7,522 Sqft

Property Sub-Type Other

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

Zoning LBPD

Interior

Laundry Other

Building

New Construction No

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