$1,650,000
SOLD JUN 30, 2026
1 Bed
1 Bath
7,131 Sq Ft
7,539 Sq Ft Lot

Sale Details

Date Sold: June 30, 2026

$231 Per Sq Ft

9 Days on Market

Highlights

  • 0.17 Acre Lot
  • 5-minute walk to 5Th Street Station
  • Laundry Facilities
  • Long Beach Polytechnic High School Rated A

About This Home

As of June 2026

• Excellent East Village Arts District Location - Walk Score of 97
• Well maintained property
• Upgraded electric panels
• Approximately 18% rental upside
• 6.2% Cap Rate – current rents 8.1% Cap Rate – market rents
• 13.1% Pro Forma return

Last Agent to Sell the Property

Grant Hahn

Morgan Skenderian Brokerage Email: gmh@morganskenderian.com License #01197893 Listed on: 05/10/2026

Last Buyer's Agent

Grant Hahn

Morgan Skenderian Brokerage Email: gmh@morganskenderian.com License #01197893 Listed on: 05/10/2026

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 7,539 Sq Ft Lot
  • Two or More Common Walls
  • Density is 26-30 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,131 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Legal Lot and Block 16 / 45
  • Tax Tract Number 7274
  • Assessor Parcel Number 7274018012
  • $1,973 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Linden Avenue Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,121
  • Insurance Expense $6,515
  • Operating Expense $52,867
  • Gross Income $165,792
  • Net Operating Income $107,967

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

7,539 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Linden Avenue (LAV)
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7274018012
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 231.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 7539.00
  • Lot Size Acres: 0.1731

Multi Family

  • Electric Expense: 3121.00
  • Gross Income: 165792.00
  • Gross Scheduled Income: 165792.00
  • Insurance Expense: 6515.00
  • Lot Size Area: 7539.0000 Square Feet
  • Net Operating Income: 107967.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 52867.00
  • Rent Control: No
  • Total Expenses: 52867.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 45
  • Tax Lot: 16
  • Tax Tract Number: 7274
  • TaxOtherAnnualAssessmentAmount: 1973.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2026
Closed on
Jun 5, 2026
Sold by
Bought by
Seller's Agent
Grant Hahn
Morgan Skenderian
Buyer's Agent
Grant Hahn
Morgan Skenderian
List Price
$1,650,000
Sold Price
$1,650,000
Views
8

Purchase Details

Closed on
Jan 28, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 1994
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,650,000 Ticor Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $205,000 North American Title Company
Warranty Deed -- North American Title
Trustee Deed $175,700 Gateway Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $500,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2026 06/30/26 Sold $1,650,000 0.0% $231 / Sq Ft
05/19/2026 05/19/26 Pending -- -- --
05/10/2026 05/10/26 For Sale $1,650,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,352 $344,306 $167,955 $176,351
2024 $6,031 $337,556 $164,662 $172,894
2023 $5,913 $330,938 $161,434 $169,504
2022 $5,597 $324,450 $158,269 $166,181
2021 $5,425 $318,089 $155,166 $162,923
2020 $5,408 $315,628 $153,575 $162,053
2019 $5,347 $309,456 $150,564 $158,892
2018 $5,092 $303,405 $147,612 $155,793
2016 $4,662 $290,856 $141,881 $148,975
2015 $4,506 $286,488 $139,750 $146,738
2014 $4,514 $280,877 $137,013 $143,864
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26101728

California Regional Multiple Listing Service (CRMLS)
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