Sold for $2,000,000

Listed by: Marcus & Millichap • Kevin King • Contact: 562-257-1200

Bought with: NONMEMBER MRML

$2,000,000

433 Linden Ave, Long Beach, CA 90802

14beds

7baths

6,134sqft

Multi Family

Built in 1905

-- sqft lot

$-- Zestimate^®

$326/sqft

$5,012 Estimated rent

Home value

Not available

Estimated sales range

Not available

$5,012/mo

Zestimate^® history

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$12,700/mo

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$12,700/mo

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What's special

We are pleased to present this opportunity to acquire a turnkey 6 unit apartment property in a great Long Beach location. The building has been impeccably maintained and consists of 4 two bedroom/one bath units, 1 three bedroom/one bath units, and 1 three bedroom/two bath units. All units are separately metered for gas & electricity. Currently the rents are below market with easy upside for a new owner.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 7

Appliances

Laundry: None

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 6,134
Total interior livable area: 6,134 sqft

Property

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None

Lot

Size: 7,522 Square Feet
Features: 6-10 Units/Acre

Details

Parcel number: 7281007005
Zoning: LBPD30
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1905

Utilities & green energy

Sewer: Public Sewer, Septic Type Unknown
Water: Public

Community & HOA

Community

Features: Curbs, Sidewalks

Location

Region: Long Beach

Financial & listing details

Price per square foot: $326/sqft
Tax assessed value: $361,622
Annual tax amount: $6,080
Date on market: 11/7/2024
Cumulative days on market: 33 days
Listing terms: Cash,Cash to New Loan,1031 Exchange
Total actual rent: 14015

Price history

Date	Event	Price
1/21/2025	Sold	$2,000,000-4.8%$326/sqft
Source: CRMLS #PW24229652 Report a problem
12/10/2024	Pending sale	$2,100,000$342/sqft
Source: CRMLS #PW24229652 Report a problem
11/7/2024	Listed for sale	$2,100,000+4727.6%$342/sqft
Source: CRMLS #PW24229652 Report a problem
6/6/1997	Sold	$43,500-80%$7/sqft
Source: Public Record Report a problem
4/14/1994	Sold	$217,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,080 +5.2%	$361,622 +2%
2024	$5,780 +1.8%	$354,532 +2%
2023	$5,675 +5.8%	$347,581 +2%
2022	$5,364 +2.9%	$340,767 +2%
2021	$5,212 +0.3%	$334,086 +1%
2020	$5,196	$330,661 +2%
2019	$5,196 +6%	$324,178 +2%
2018	$4,901	$317,823 +2%
2017	$4,901 +1.1%	$311,592 +2%
2016	$4,850 +8.2%	$305,483 +1.5%
2015	$4,483 +3.5%	$300,896 +2%
2014	$4,329	$295,003 +5%
2009	--	$280,827 +2%
2008	--	$275,321 +2%
2007	--	$269,923 +2%
2005	--	$264,631 +6%
2003	--	$249,696 +2%
2002	--	$244,800 +28.3%
2000	--	$190,741