1136 Linden Avenue, Long Beach, CA 90813
List Price: $1.63M
Listing Status: Hold
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1950
Lot Size: 7,273 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: PW26190928
About This Property
1136 Linden Avenue is an 8-unit apartment building in the City of Long Beach offering stable income and clear upside. The property features a quality unit mix, pitched roof, on-site parking, and income-producing laundry. The property presents a compelling value-add opportunity with significant rental upside with operational efficiency and NOI growth potential. Upgraded electrical and AB 721 compliance reduce near-term capital risk, while ADU development potential adds a path to additional income (Buyer to verify with the City). On-site parking and laundry generate ancillary revenue that further supports returns. Property is perfectly suitable for new or seasoned investors seeking a well-located, income-producing asset with multiple levers for growth. Property not subject to local rent control. Property is subject to AB 1482.
Listing provided by: Christopher Arvizu DRE #01477085 310-363-4681 chris.arvizu@cbre.com, Christopher Arvizu
Source: CRMLS, MLS #: PW26190928
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.