
Long Beach, California 90807
This Quadruplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,593,289 Fair Market Value by 8%. This valuation gap provides $143,289 in Instant Equity. With a Condition Rating of 3, the property features significant capital improvements, including a recent reroof and 21 windows replaced in 2018. Located in the high-demand Bixby Knolls submarket, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate scale and consistent rental performance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4407 Linden Avenue Subject | $1,450,000* List Price | 0 | 0 | 3,466 | $460 | - |
A 4322 Elm Avenue Active | $1,350,000 List Price | 0 | 0 | 3,076 | $439 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1944, the property has been well-maintained with significant recent updates to major systems, including a new roof, four new water heaters, and 21 new windows installed in 2018. Interior photos show modern flooring and finishes, suggesting the units are move-in ready and functional.
Situated in the heart of Bixby Knolls, this property is located in one of Long Beach's most consistent and high-demand rental submarkets, ensuring strong long-term occupancy.
The owners have addressed major maintenance items, including a recent reroof of both the main building and garage, four new water heaters, and the replacement of 21 windows in 2018.
The rare opportunity to purchase this asset alongside two other nearby buildings from the same owner allows an investor to achieve immediate scale and management efficiency within a tight geographic radius.
The 'Drive by Only' listing status limits a buyer's ability to perform a comprehensive interior inspection or assess tenant-occupied units prior to the offer stage.
Built in 1944, the property may feature aging internal systems or original floor plans that could require modernization to achieve top-of-market rents despite recent exterior upgrades.
Solid quadruplex opportunity in the heart of Bixby Knolls. Built in 1944, this 3,466 square foot building sits on a generous 9,983 square foot lot and offers 10 bedrooms and 4 bathrooms in total. Owners have kept up on the big items, with four water heaters replaced, a recent reroof on both the main dwelling and the garage in composition shingles, and 21 windows changed out in 2018. Please note that all three buildings are available, 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave, all offered by the same owners and clustered within close distance in Bixby Knolls. Buy one or acquire the full portfolio for real scale in one of Long Beach's most consistent rental submarkets. Drive by Only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,466 | 2,100 |
| Lot Size | 9,983 | 5,077.5 |
| Price | $1.45M | $1.14M |
| Price per sq ft | $418 | $519 |
| Built year | 1944 | 1950 |
| HOA | $0 | $0 |
| Days on market | 15 | 68 |
Jul 7, 2026
$1,450,000
Initial Listing