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636 Linden Ave, Long Beach, CA 90802
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636 Linden Ave Long Beach, CA 90802

$3,775,000 Sold Price as of 06/17/2022
  • 0 Beds
  • 20 Baths
  • 7,204 Sq.Ft.
Sold
$3,775,000 Sold Price as of 06/17/2022 Refinance Your Mortgage
Map preview of 636 Linden Ave, Long Beach, CA 90802

Property Overview: 636 Linden Ave Long Beach, CA has -- bedrooms, 20 bathrooms, 7,204 living square feet and 7,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively offer for sale 636 Linden, a 20 unit property situated in the Arts District of Long Beach. The subject property is comprised of all studio units with a private and gated entryway. All units are individually metered for gas and electricity. Priced at only $187K per unit, this property boasts excellent value-add potential for a new investor.

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 8 minutes ago | Last updated: June 20th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,520
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22052596
City
Long Beach
County
Los Angeles
Time on Site
918 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Leased Units: 20
  • # of Electric Meters: 20
  • # of Gas Meters: 20
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $11,250
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $947
  • Total Rent: $947
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $904
  • Total Rent: $4,521
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $893
  • Total Rent: $893
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $866
  • Total Rent: $866
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $635
  • Total Rent: $635
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $731
  • Total Rent: $731
  • Pro Forma/Market Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $259,140
  • Net Operating Income: $169,262
  • Gross Operating Income: $251,366
  • Vacancy Allowance: $7,774
  • Other Income 1: $7,800
  • Other Income Description: Ratio Utility Billing System
Annual Expense Breakdown
  • Total Operating Expense: $82,104
  • Electric: $415
  • Gas/Fuel: $3,072
  • New Taxes: $43,937
  • Trash: $3,700
  • Insurance: $4,683
  • Maintenance: $15,548
  • Professional Management: $0
  • Water/Sewer: $6,865
  • Other Expenses: $3,885
  • Other Expense Description: Reserves

Property Details for 636 Linden Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 16-20 Units/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 20
  • Parcel Number: 7274018010
  • Year Built Source: Assessor
  • Property is Attached
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: East of I-710 & South of I-405; Near Intersection of E 7th St & Linden Ave
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 636 Linden Ave

Last sold for $3,775,000 on June 17th, 2022

  • March, 2022

  • Mar 18, 2022

    Date

    Pending

    CRMLS: CV22052596

    $3,750,000

    Price

  • October, 2012

  • Oct 18, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2006

  • Apr 26, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

Show More

Tax History for 636 Linden Ave

Assessed Value (2020): $1,462,158
Year Land Value Improved Value Assessed Value
2020 $851,877 $610,281 $1,462,158

Home Value Compared to the Market

This property vs the competition

636 Linden Ave sold on June 17, 2022 for 357.88% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $520.54 per/sqft which puts the price per square foot 17.11% lower than the current median sale per square foot for the city of Long Beach.

About 636 Linden Ave

Detailed summary of property

636 Linden Ave is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered -- bedrooms, 20 bathrooms, roughly 7,204 living square feet, and sits on an approximately 7,520 square foot lot. 636 Linden Ave was first listed on ArdentRealEstateGroup.com on March 16, 2022. The homeowner sold the property for $3,775,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 357.88% higher than the current median priced home. Local homes that are currently for sale include 6041 Fullerton Ave, 2501 Florida St and 9371 Cellini Ave. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 636 Linden Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 636 Linden Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
7,204
Lot Size
7,520
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,12
APN
7274-018-010

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 636 Linden Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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