6107 Linden Avenue, Long Beach, CA 90805

About this property

We are pleased to present a completely turn-key apartment building located in Long Beach, California. Built in 1959, the subject property consists of 6,450 rentable square feet spread throughout a 6,500 square foot lot. Eight units are 2 bedroom / 1 bathroom units and one unit is 3 bedroom / 2 bathroom. There are 6 garages and storage for tenant convenience and can also be used to generate income for the owner. It has a pitched roof and is also separately metered for gas and electricity which helps keep expenses to a minimum. There is also a laundry room which makes additional income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a high demand rental market with strong in place income in one of the best neighborhoods of Long Beach.

Listing description from the January 2022 sale, as reported to CRMLS.

Sale history

$2,400,000

Sold January 2022 · listed $2,425,000, on market July 2021 · MLS #PW21165954 · Source: CRMLS

Listing Agent: Kevin King · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Anthony Walker · Buckingham Investments, Inc

$1,965,000

Sold June 2018 · listed $1,995,000, orig. $2,100,000, on market February 2018 · MLS #PW18031531 · Source: CRMLS

Listing Agent: Justin White · Listing Office: Justin White · Contact: 714-231-2537 · Bought with: Choeun Kem · Pacific Delta

$1,360,000

Sold March 2016 · listed $1,365,000, on market December 2015 · MLS #PW15257958 · Source: CRMLS

Listing Agent: Kristina Moore · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: Jonathan Swire · The Agency

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