240 Linden Avenue - Long Beach, CA 90802

Listing Description

240 Linden Avenue, an eight-unit* apartment building in Long Beach, California. The property is well-located in downtown Long Beach's vibrant East Village Arts District conveniently near numerous dining, shopping and retail opportunities. 240 Linden Avenue is located within an Opportunity Zone, which may offer a new investor significant tax benefits; for more detail, please contact the listing agent. Additionally, this area of Long Beach has a 1:1 parking requirement, whereas most of Long Beach is 2:1. 13; 240 Linden Avenue offers eight units, including three studios, one one-bed/one-bath, two two-bed/two-bath units. Four of the units are non-conforming. Unit features include granite countertops, tile flooring, wall heaters, and A/C units. The property also features on-site laundry, a two-car garage, and three new water heaters. 13; This property presents an excellent opportunity for an investor to acquire an asset well-located in a strong rental market and capture substantial potential upside in rents. 13; 13; Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting.

Listing Information
MLS Number
APN/Parcel ID
Sub Type
Building Size
3,390 sqft
Lot Size
3,757 sqft
Price / SQFT
No Units
Price / Unit
Gross Scheduled Income
Total Expenses
Net Income
Listing Date
Days Active
Last Updated
Listing Provided By
Steven Bogoyevac
Steven M. Bogoyevac, Broker
BRE# 01332755

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or with the appropriate professionals.