3368 Linden Avenue, Long Beach, California 90035, Long Beach, 90807 - bed, bath
ACTIVE$1,699,000$5,469/sqft
3368 Linden Avenue, Long Beach, California 90035
0Bed
0Bath
5,469Sqft
8,580Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: This is a four-unit income property (quadruplex) explicitly marketed for investors, offering strong rental potential and steady income in a sought-after area.
Top Cons:
Potential for Dated Infrastructure/Interiors: Built in 1979, the property may require significant capital expenditure for system upgrades (e.g., plumbing, electrical) or interior renovations to maximize rental income and tenant appeal.
Compared to the nearby listings
Price:$1.70M vs avg $1.29M (+$404,000)86%
Size:5,469 sqft vs avg 3,266 sqft86%
Price/sqft:$311 vs avg $38629%
More Insights
Built in 1979 (47 years old).
Condition: Built in 1979, this property is well-maintained for its age, but the interior finishes, particularly in the kitchens and bathrooms, are significantly outdated. Kitchens feature older white appliances, laminate countertops, small tile backsplashes, and fluorescent lighting. Bathrooms have dated vanities and laminate countertops. While some units have updated laminate flooring, others show worn carpeting. The property is functional and clean, but requires minor to moderate cosmetic updates to meet current market standards and tenant expectations.
Year Built
1979
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
PW25247299
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to 3368 Linden Avenue! This four-unit income property offers a classic curb appeal and a desirable central courtyard design. The property features a mix of spacious layouts, including one single-story 3-bedroom, 2-bathroom unit and three two-story units, each with 2 bedrooms and 1¾ bathrooms. Each residence includes its own detached garage located at the rear of the property with convenient alley access, ensuring ample parking and privacy. A community laundry room serves all units, adding extra convenience and value for tenants. Ideally situated in Long Beach with convenient access to major freeways, top-rated schools, premier shopping, and the coveted Virginia Country Club area. Perfect for investors seeking strong rental potential in a sought-after area of Long Beach, this charming property combines timeless character, a functional layout, and steady income-producing potential.
P
Philip De Matteo
Listing Agent
Price History
Date
Event
Price
12/02/16
Sold
$1,240,000
01/18/05
Sold
$65,000
Condition Rating
Fair
Built in 1979, this property is well-maintained for its age, but the interior finishes, particularly in the kitchens and bathrooms, are significantly outdated. Kitchens feature older white appliances, laminate countertops, small tile backsplashes, and fluorescent lighting. Bathrooms have dated vanities and laminate countertops. While some units have updated laminate flooring, others show worn carpeting. The property is functional and clean, but requires minor to moderate cosmetic updates to meet current market standards and tenant expectations.
Pros & Cons
Pros
Strong Investment Opportunity: This is a four-unit income property (quadruplex) explicitly marketed for investors, offering strong rental potential and steady income in a sought-after area.
Prime Long Beach Location: Ideally situated in Long Beach with convenient access to major freeways, top-rated schools, premier shopping, and the coveted Virginia Country Club area, driving high tenant demand.
Diverse & Spacious Unit Mix: The property features a valuable mix of layouts, including one 3-bedroom, 2-bathroom unit and three 2-bedroom, 1.75-bathroom units, appealing to a broad tenant base.
Private Detached Garages: Each residence includes its own detached garage with convenient alley access, providing highly desirable private parking and storage for tenants.
Aesthetic Appeal & Functional Design: Offers classic curb appeal and a desirable central courtyard design, contributing to a pleasant living environment and potential for tenant retention.
Cons
Potential for Dated Infrastructure/Interiors: Built in 1979, the property may require significant capital expenditure for system upgrades (e.g., plumbing, electrical) or interior renovations to maximize rental income and tenant appeal.
Absence of In-Unit Laundry & Central AC: The property only offers a community laundry room and does not mention central air conditioning, which are increasingly expected amenities by modern tenants and could limit rental rates.
No Significant Views: The property explicitly states 'None' for views, which might be a minor detractor for some prospective tenants or future resale value compared to properties with desirable vistas.