3368 Linden Avenue, Long Beach, California 90807, Long Beach, 90807 - bed, bath
ACTIVE$1,699,000$5,469/sqft
3368 Linden Avenue, Long Beach, California 90807
0Bed
0Bath
5,469Sqft
8,580Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: Explicitly marketed for investors, offering 'strong rental potential' and 'steady income-producing potential' in a 'sought-after area' of Long Beach.
Top Cons:
Property Age & Potential for Updates: Built in 1979, the property may require significant capital expenditure for system upgrades (e.g., HVAC, plumbing, electrical) or interior renovations to maximize rental income and tenant satisfaction.
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 income property exhibits classic curb appeal and appears well-maintained on the exterior. However, the lack of interior photos for the units, combined with the dated appearance of the community laundry room (older appliances, basic tile, simple fixtures), suggests that the individual units, including kitchens and bathrooms, are likely original or have only received minor, dated updates. The property's age (45 years) and the AI analysis indicating potential needs for system upgrades (HVAC, plumbing, electrical) point to major components being functional but showing signs of being outdated. While not in disrepair, it would require minor to moderate updates to modernize the interiors and maximize rental income, aligning with the 'Fair' condition criteria.
Year Built
1979
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
PW26008814
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 income property exhibits classic curb appeal and appears well-maintained on the exterior. However, the lack of interior photos for the units, combined with the dated appearance of the community laundry room (older appliances, basic tile, simple fixtures), suggests that the individual units, including kitchens and bathrooms, are likely original or have only received minor, dated updates. The property's age (45 years) and the AI analysis indicating potential needs for system upgrades (HVAC, plumbing, electrical) point to major components being functional but showing signs of being outdated. While not in disrepair, it would require minor to moderate updates to modernize the interiors and maximize rental income, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed for investors, offering 'strong rental potential' and 'steady income-producing potential' in a 'sought-after area' of Long Beach.
Prime Long Beach Location: Ideally situated in the desirable California Heights/Bixby Knolls area with convenient access to major freeways, top-rated schools, premier shopping, and the Virginia Country Club.
Desirable Unit Mix & Layouts: Features a versatile mix of spacious layouts, including one 3-bedroom, 2-bathroom unit and three 2-bedroom, 1¾-bathroom units, catering to a broad tenant demographic.
Individual Garages with Alley Access: Each residence includes its own detached garage located at the rear of the property with convenient alley access, providing valuable private parking and storage for tenants.
Attractive Curb Appeal & Design: Boasts classic curb appeal and a desirable central courtyard design, enhancing tenant appeal and contributing to a pleasant living environment.
Cons
Property Age & Potential for Updates: Built in 1979, the property may require significant capital expenditure for system upgrades (e.g., HVAC, plumbing, electrical) or interior renovations to maximize rental income and tenant satisfaction.
Shared Laundry Facility: The presence of only a 'community laundry room' rather than in-unit laundry facilities could be a minor drawback for tenants seeking higher convenience and may impact rental premium.
Lack of Specific System Information: The description does not detail the condition or presence of modern amenities like individual air conditioning units, which could be a concern for tenants in warmer months and a potential future investment for the owner.