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Listed by Keller Williams Realty Downey, Robert Stepp, Listing Contact: 310-774-3740

$3,500,000

235 Linden, Long Beach CA, 90802

Price per sqftN/A
Built in1913
Property typeMulti-family

Overview

Active

Listed Aug 6, 2026

Updated 9 days ago

235–237 Linden Avenue is an 18-unit multifamily asset located in Long Beach's East Village Arts District, a walkable, supply-constrained Downtown submarket supported by strong renter demand and proximity to employment, transit, and lifestyle amenities. The property features nine (9) studios and nine (9) one-bedroom/ one-bath units, an efficient unit mix aligned with market demand. Originally constructed in 1913, the building retains its historic exterior while offering fully renovated interiors throughout. Ownership has invested approximately $275,000 in capital improvements, including roof upgrades, renovated units, keyless entry, and exterior improvements. As a result, the property offers a stabilized, low-maintenance investment with minimal near-term capital needs. The property boasts a 98 Walk Score and 91 Bike Score, placing residents within walking distance of Downtown Long Beach's restaurants, retail, and entertainment. The East Village Arts District continues to benefit from stable occupancy and rental demand driven by its vibrant local business community and convenient access to the broader Downtown employment base. 235–237 Linden Avenue offers a clear path to value creation, currently priced at a 6.00% cap rate and 9.85 GRM with meaningful room to grow. Through the imp

$23,286/mo

Est. mortgage payment based on a $3,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRPW26169871

Interior Features

Basement
No

Exterior Features

Lot Size
0.17 Acres
MLS provider logo

Listed by Keller Williams Realty Downey, Robert Stepp DRE:01456379,
Listing Contact: 310-774-3740 

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Data last updated 1:39 PM UTC, 9/28/2026

 

 

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