836 Linden Ave, Long Beach, CA 90813
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836 Linden Ave Long Beach, CA 90813

$1,485,000 Sold Price as of 12/17/2019
  • 6 Beds
  • 6 Baths
  • 5,212 Sq.Ft.
Sold
$1,485,000 Sold Price as of 12/17/2019 Refinance Your Mortgage

Map preview of 836 Linden Ave, Long Beach, CA 90813

Property Overview: 836 Linden Ave Long Beach, CA has 6 bedrooms, 6 bathrooms, 5,212 living square feet and 7,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a six-unit multifamily community located in the excellent rental market of Downtown Long Beach, California. Built in 1931, the property has approximately 5,212 rentable square feet on an 8,212-square foot lot. Located on a quiet street, the building has a great unit mix of two studios, two one-bedroom / one-bathroom units, and two two-bedroom / two-bathroom units. The subject property has ample parking for tenants convenience.   The property is within a short distance to the hub of tourism, business, and transit that is Downtown Long Beach. This is a rare opportunity to acquire a quality, pride-of-ownership asset in this outstanding rental market and would make a great addition to any investors portfolio. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment of $3.3 billion. An example of this large-scale redevelopment is the Long Beach Civic Center, which is estimated to be completed late 2019. The Civic Center will include a new city hall and the Port of Long Beach headquarters, as well as multi-family residential units. Long Beach sustains its ability to attract renters due to its strong economy and high quality of life.

Listed by Kevin King | BRE #01158184 | Marcus & Millichap
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 151

Home details

Lot Sq. Ft
7,840
HOA Dues
$0/mo
Year built
1931
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19152539
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,123
  • Total Rent: $2,245
  • Pro Forma/Market Rent: $1,195
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,313
  • Total Rent: $2,625
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,713
  • Total Rent: $3,425
  • Pro Forma/Market Rent: $1,895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $99,540
  • Net Operating Income: $60,252
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $36,302
  • Electric: $1,008
  • Gas/Fuel: $1,008
  • New Taxes: $18,851
  • Trash: $1,008
  • Gardener: $1,406
  • Insurance: $2,207
  • Maintenance: $3,862
  • Professional Management: $4,828
  • Water/Sewer: $1,008
  • Other Expenses: $1,117
  • Other Expense Description: Misc. Re

Property Details for 836 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
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 7274016003
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Septic Type Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Linden Avenue (LAV)
  • Directions: Linden & 8th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 836 Linden Ave

Last sold for $459,000 on January 31st, 2020
  • January, 2020

  • Jan 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $459,000

    Price

  • January, 2020

  • Jan 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $459,000

    Price

  • December, 2019

  • Dec 19, 2019

    Date

    Sold

    CRMLS: PW19152539

    $1,485,000

    Price

  • Nov 25, 2019

    Date

    Pending

    CRMLS: PW19152539

    $1,595,000

    Price

  • Sep 5, 2019

    Date

    Price Change

    CRMLS: PW19152539

    $1,595,000

    Price

  • Jul 24, 2019

    Date

    Price Change

    CRMLS: PW19152539

    $1,650,000

    Price

  • Jun 27, 2019

    Date

    Active

    CRMLS: PW19152539

    $1,695,000

    Price

Show More

Tax History for 836 Linden Ave

Assessed Value (2020): $1,485,400
Year Land Value Improved Value Assessed Value
2020 $965,000 $520,400 $1,485,400

Home Value Compared to the Market

This property vs the competition

836 Linden Ave sold on December 17, 2019 for 94.75% 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 $306.02 per/sqft which puts the price per square foot 51.27% lower than the current median sale per square foot for the city of Long Beach.

About 836 Linden Ave

Detailed summary of property

836 Linden Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 5,212 living square feet, and sits on an approximately 7,840 square foot lot. 836 Linden Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,485,000. 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 94.75% higher than the current median priced home. Local homes that are currently for sale include 2011 Cedar Ave, 1817 E 3rd St and 1816 Oregon Ave. While the average home in Long Beach, CA is selling in 62 days, 836 Linden Ave has a days on market of 151 days. 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 836 Linden Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 836 Linden Ave

Public county record property details
Beds
12
Baths
6
Year built
1927
Sq. Ft.
5,212
Lot Size
8,212
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7274-016-003

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.