$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 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.
Click to interact with map
Listed by Jeff Wiggins with Coldwell Banker Realty Pasadena (626) 584-0050
Property Type
Multi Family
Status
Active
MLS Number
AR26063070
Year Built
1950
Lot Size
7,275 sq ft