$3,350,000

636 Linden Ave Long Beach, CA 90802

East Village Neighborhood

Estimated payment $20,850/month

Total Views 5,330
-- Bed
1 Bath
7,204 Sq Ft
$465 Price per Sq Ft

Highlights

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

About This Home

636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents.
The property is comprised of all studio units, with 17 of the 20 units fully renovated with new flooring and upgraded kitchens and baths. The secured-access building features upgraded electrical panels and plumbing, as well as separately metered utilities.
With a Walk Score of 92 and Bike Score of 91, the property is conveniently located adjacent to East Village Arts District, Downtown Long Beach, Shoreline Village, and the beach/bike path.

Listing Agent

Robert Stepp

Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 08/12/2025

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,522 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,204 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • Unit 1 Bedrooms: 0
  • 1 Bathroom

Listing and Financial Details

  • Legal Lot and Block 12 / 45
  • Tax Tract Number 5762
  • Assessor Parcel Number 7274018010
  • $3,007 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • 20 Separate Water Meters
  • Electric Expense $2,316
  • Fuel Expense $2,316
  • Gardener Expense $1,085
  • Insurance Expense $20,000
  • Maintenance Expense $14,000
  • Other Expense $6,000
  • Pest Control $1,200
  • Professional Management Expense $16,725
  • Trash Expense $2,315
  • Water Sewer Expense $2,315
  • New Taxes Expense $44,662
  • Operating Expense $127,984
  • Gross Income $334,491
  • Net Operating Income $206,507

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • CapRate: 6.16
  • Professional Management Expense: 16725.00
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 2315.00
  • Zoning: LBPD30
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1085.00
  • Parcel Number: 7274018010
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 465.02

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 2315.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7522.00
  • Lot Size Acres: 0.1727

Multi Family

  • Electric Expense: 2316.00
  • Fuel Expense: 2316.00
  • Gross Income: 334491.00
  • Gross Multiplier: 9.71
  • Gross Operating Income: 334491.00
  • Gross Scheduled Income: 344836.00
  • Insurance Expense: 20000.00
  • Lot Size Area: 7522.0000 Square Feet
  • Maintenance Expense: 14000.00
  • Net Operating Income: 206507.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 20
  • Number Of Units Total: 20
  • Operating Expense: 127984.00
  • Other Expense: 6000.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 127984.00

Tax Info

  • New Taxes Expense: 44662.00
  • Tax Block: 45
  • Tax Census Tract: 5762.00
  • Tax Lot: 12
  • Tax Tract Number: 5762.00
  • TaxOtherAnnualAssessmentAmount: 3007.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2025 08/12/25 For Sale $3,350,000 -11.3% $465 / Sq Ft
06/17/2022 06/17/22 Sold $3,775,000 +0.7% $524 / Sq Ft View Prior Sale
03/16/2022 03/16/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $3,750,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25181875

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 East Village

636 Linden Ave, Long Beach, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Robert Stepp
Listing Agent
Robert Stepp
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Keller Williams Realty Downey
(562) 548-8573