1136 Linden Ave, Long Beach, CA 90813

Property Description

1136 Linden Avenue is an 8-unit apartment building in the City of Long Beach offering stable income and clear upside. The property features a quality unit mix, pitched roof, on-site parking, and income-producing laundry. The property presents a compelling value-add opportunity with significant rental upside with operational efficiency and NOI growth potential. Upgraded electrical and AB 721 compliance reduce near-term capital risk, while ADU development potential adds a path to additional income (Buyer to verify with the City). On-site parking and laundry generate ancillary revenue that further supports returns. Property is perfectly suitable for new or seasoned investors seeking a well-located, income-producing asset with multiple levers for growth. Property not subject to local rent control. Property is subject to AB 1482. 1136 Linden Avenue is an 8-unit apartment building in the City of Long Beach offering stable income and clear upside. The property features a quality unit mix, pitched roof, on-site parking, and income-producing laundry. The property presents a compelling value-add opportunity with significant rental upside with operational efficiency and NOI growth potential. Upgraded electrical and AB 721 compliance reduce near-term capital risk, while ADU development potential adds a path to additional income (Buyer to verify with the City). On-site parking and laundry generate ancillary revenue that further supports returns. Property is perfectly suitable for new or seasoned investors seeking a well-located, income-producing asset with multiple levers for growth. Property not subject to local rent control. Property is subject to AB 1482.