230 Linden Avenue 504, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath
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230 Linden Avenue 504
Long Beach, California 90802
ACTIVE
CONDITION: FAIR
2Beds
2Baths
828Sq Ft
7,571Lot Size
Property Price
LIST PRICE$419,000
EST. MARKET VALUE
$405,958
3% AboveMARKET VALUE
SUMMARY
This penthouse residence represents a High-Potential Investment Opportunity, listed at $419,000—positioned well above the $405,959 Fair Market Value by -3%. While the unit requires modernization due to its Condition Rating of 4, it offers rare two-car parking and low HOA dues in a prime downtown location. The City Lights view and proximity to the East Village Arts District provide strong rental appeal. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic renovation.
Estimated Market Value
$405,958
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Linden Avenue 504 Subject | $419,000* List Price | 2 | 2 | 828 | $490 | - |
A 100 Atlantic Sold | $370,000 | 2 | 1 | 820 | $451 | 0.1 mi |
B 955 E 3rd 202 Sold | $425,000 | 2 | 2 | 944 | $450 | 0.3 mi |
C 1187 East 3rd Street 305 Sold | $319,000 | 1 | 1 | 779 | $409 | 0.5 mi |
D 250 Linden Avenue 25 Sold | $310,000 | 1 | 1 | 597 | $519 | 0.0 mi |
E 100 Atlantic Avenue 405 Sold | $374,900 | 2 | 1 | 730 | $514 | 0.1 mi |
F 100 Atlantic Avenue 905 Sold | $375,000 | 2 | 1 | 905 | $414 | 0.1 mi |
G 433 Atlantic 6 Sold | $485,000 | 2 | 1 | 922 | $526 | 0.2 mi |
H 525 E Seaside Way 1801 Sold | $466,000 | 1 | 1 | 834 | $559 | 0.3 mi |
I 338 Elm Avenue 7 Active | $299,900 List Price | 1 | 1 | 643 | $466 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1966, the property is described as being in 'original condition' despite showing a kitchen and bathroom that appear to have been renovated approximately 20 years ago (oak cabinets, tumbled stone tile). The unit is dated and requires modernization of systems and finishes to meet current market standards, fitting the criteria for a property over 20 years old needing updates.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Parking Allocation
The inclusion of two dedicated parking spaces is a significant competitive advantage in the Downtown Long Beach market where parking is typically scarce and highly valued.
- Low Carrying Costs
At $329 per month, the HOA dues are exceptionally low for a downtown building, offering superior affordability compared to neighboring developments.
- Prime Urban Location
Situated in the East Village Arts District, the property offers high walkability to Pine Avenue, the waterfront, and the Metro A Line, ensuring strong lifestyle appeal.
CONSRISKS & DEFICIENCIES
- Original Condition
The unit is in its original 1966 state, necessitating a full renovation which requires additional capital and time from the buyer.
- Compact Living Space
With only 828 square feet for a two-bedroom, two-bathroom configuration, the layout may feel constrained for buyers seeking more spacious modern floor plans.
About 230 Linden Avenue 504
Top-floor penthouse living in the heart of Downtown Long Beach — with two parking spots, a rarity in this market. This 2-bedroom, 2-bath residence spans 828 square feet on the building's top floor, offering city skyline views and an open, light-filled layout. The unit is in original condition, presenting a clear opportunity for a buyer to renovate to their own taste and build immediate equity in one of Long Beach's most walkable neighborhoods. The building offers secured entry and low HOA dues of $329 per month — well below what comparable downtown buildings command. Two dedicated parking spaces convey with the unit, a feature that is genuinely difficult to find at this price point downtown. Located steps from Pine Avenue's restaurants and nightlife, the East Village Arts District, the waterfront, and the Metro A Line, with freeway access minutes away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 7,571 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $329.0 / Month
Neighborhood Insights
Long Beach Unified Schools
Chavez Elementary School
Grades K-5 • 0.2 mi
6/10
Stevenson Elementary School
Grades K-5 • 0.3 mi
7/10
International Elementary School
Grades K-5 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 828 | 924.282 |
| Lot Size | 7,571 | 30,288.04 |
| Price | $419.0K | $521.1K |
| Price per sq ft | $506 | $569 |
| Built year | 1966 | 1976 |
| HOA | $329.0 | $460 |
| Days on market | 21 | 74 |
Pricing History
Listed for Sale
Aug 19, 2026
$419,000
Initial Listing
Sold
Oct 23, 2012
$226,500
Public Record
Sold
Aug 12, 2010
$200,000
Public Record