140 Linden Avenue 290, Long Beach, California 90802, Long Beach, 90802 - bed, bath

140 Linden Avenue 290, Long Beach, California 90802 home-pic-0
ACTIVE$225,000
140 Linden Avenue 290, Long Beach, California 90802
0Bed
0Bath
268Sqft
33,496Lot
Year Built
1928
Close
-
List price
$225K
Original List price
$230K
Price/Sqft
$840
HOA
$101.36
Days on market
-
Sold On
-
MLS number
CV24238789
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $225.0K(10th), sqft - 268(10th), beds - undefined(10th), baths - undefined(10th).

Discover the perfect blend of history and creativity in this space, nestled within the iconic Lafayette Building in the vibrant Long Beach Arts District. This is a commercial property used as office space, this versatile space offers endless potential for professional use. Used as living space by previous tenants. The Lafayette Building boasts a rich architectural history and is surrounded by an eclectic mix of galleries, cafes, and entertainment, embodying the artistic energy of the area. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.

Nearby schools

7/10
Stevenson Elementary School
Public,K-50.3mi
6/10
Franklin Classical Middle School
Public,6-80.6mi
6/10
Polytechnic High School
Public,9-121.3mi

Price History

Date
Event
Price
11/03/22
Sold
$98,000
06/15/06
Sold
$118,000
03/06/03
Sold
$42,000
Condition Rating
Excellent

Despite the building's 1928 construction, the interior of this 268 sqft unit appears to have undergone a very recent and extensive renovation. The kitchenette features modern white cabinetry, subway tile backsplash, a new sink, mini-fridge, and microwave, all in excellent condition. The bathroom is similarly updated with a modern vanity, white subway tile shower surround, and clean fixtures. Throughout the unit, the flooring is new (hardwood/laminate), walls are freshly painted, and a modern ceiling fan with light fixture is installed. All visible components are new or virtually new, meeting current quality standards for a compact space, indicating minimal physical depreciation within the unit itself.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33496, living area = 268.
Prime Downtown Arts District Location: Situated in the vibrant Long Beach Arts District, the property offers excellent walkability to galleries, cafes, entertainment, and cultural attractions.
Historic Building Appeal: Located within the iconic Lafayette Building, the property benefits from rich architectural history and unique character.
Versatile Use Potential: Described as a commercial office space but previously used as living space, offering flexibility for various professional or potential live/work arrangements (subject to verification of zoning and HOA rules).
Building Amenities Access: Occupants have access to a variety of shared building amenities, enhancing the overall value and convenience of the space.
Recent Price Adjustment: The property has seen a recent price reduction from $230,000 to $225,000, indicating a motivated seller and potentially better value for buyers.

Cons

Conflicting Property Classification & Use: The listing categorizes the property as 'Residential' and 'Single Family Residence' while the description states it's a 'commercial property used as office space' that was 'used as living space by previous tenants.' This fundamental ambiguity creates significant challenges for legal use, zoning compliance, and securing appropriate financing.
Extremely Small Square Footage: With only 268 sqft, the unit is exceptionally compact, which severely limits its practical utility and broad appeal for either commercial or residential purposes.
MLS Area & Address Discrepancy: The MLS area is listed as '7 - North Long Beach,' which directly contradicts the property's actual address in the downtown Long Beach Arts District. This inconsistency can lead to confusion for potential buyers and misrepresentation in searches.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state