Property listed by Coldwell Banker Realty Pasadena, Jeff Wiggins 626-278-7745
$1,725,000
We are pleased to present a rare opportunity to acquire a well-performing 8-unit multifamily investment property located in one of Southern California’s most desirable coastal rental markets. Situated at 1136 Linden Avenue in Long Beach, the property offers investors stable in-place income with significant value-add potential in a high-demand infill… Read More location.
The asset consists of eight spacious one- and two-bedroom units totaling approximately 4,937 rentable square feet, situated on a 7,271 square foot lot. The attractive unit mix appeals to a broad tenant base and supports consistent occupancy in a strong rental market.
Located in the North of East Village neighborhood, the property benefits from strong rental demand, a dense population base, and ongoing neighborhood revitalization. Residents enjoy convenient access to shopping, restaurants, entertainment, and public transportation.
The property is located just 1.5 miles from Downtown Long Beach, the Pacific Ocean, and the revitalized Shoreline District, placing tenants within minutes of major employment centers and lifestyle amenities. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MultiFamily
Square Ft.
4,937
Lot Size
0.17 Acres
Year Built
1950
MLS Number
AR26063070
Additional Details
Building
Built in 1950, 1 building, 2 stories, Entry level: 1, Construction Materials: Drywall, Frame, Stucco
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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