627 Linden Avenue Long Beach, CA ^$ 3,100,000

627 Linden Avenue

^$ 3,100,000

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Recently Listed

627 Linden Avenue

Long Beach, CA, 90802

^$ 3,100,000

Studio Baths1.0 Sq 8,543

Monthly Estimate*

^$ 19,087

Listed by Surterre Properties Inc

627 Linden Avenue, Long Beach, CA 90802 - Image 1

627 Linden Avenue, Long Beach, CA 90802 - Image 2

627 Linden Avenue, Long Beach, CA 90802 - Image 3

627 Linden Avenue, Long Beach, CA 90802 - Image 4

627 Linden Avenue, Long Beach, CA 90802 - Image 5

627 Linden Avenue, Long Beach, CA 90802 - Image 6

627 Linden Avenue, Long Beach, CA 90802 - Image 7

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Studio

Multi-Family Home for sale in Long Beach, CA

for $3,100,000 with 1 full bath. This 8,543 square foot home was built in 1947 on a lot size of 0.173.

The subject property is a 22-unit apartment building located in the trendy “East Village” neighborhood of Long Beach. This charming two story 1940’s complex is on a quiet street, just 6 blocks from the Ocean Avenue, and a 10-minute bike ride to Alamitos Beach! Walk Score: 97/100 (Walker's Paradise) 97 / 100. Walker's Paradise. Transit Score® 74 / 100. Excellent Transit. 89 / 100. Very Bikeable. The unit mix is predominantly Studio apartments (20) with a One Bedroom Unit and a Two Bedroom 1 Bath unit. All units are separately metered for gas and electric utilities. There is a secured entrance with laundry room onsite, and ample street parking. Priced attractively at a GRM of 9.84 and with the rent increases of 8% (AB 1482) that are due this year, the GRM drops to 9.12 and a CAP rate of 6.27% at the listed price. After that rent increase, the rents still have another 20% upside based on the average and median rent rates on the rent survey.

Multi-Family Active

Price

^$ 3,100,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 38,564

Style

Lot Size

0.173

Year Built

1947

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC26010608

Days on Market

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 2

Pool Features None

Security Features Resident Manager Window Bars

Year Built 1947

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 311904

Community Features Sidewalks

County Los Angeles

Net Operating Income 174474

Operating Expense 132039

Insurance Expense 1440

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 24000

Subdivision Name Downtown (DT)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions GPS

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 22

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 7537

Number of Units Leased 22

Listing Terms Cash Cash to New Loan 1031 Exchange

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Tax Annual Amount 38564

Fuel Expense 2000

Trash Expense 2400

Water Sewer Expense 2400

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Total Actual Rent 311904

Property Sub Type Additional Apartment

Taxes 38564

Cap Rate 5.63

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area Laundry Room

Entry Level 1

Exterior

Lot Features 21-25 Units/Acre

Water Source Public

Total Parking 2

Lot Size Area 7537

Number of Buildings 1

Spa false

Building Area Total 8543

Lot Size Acres 0.173

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 22

Number of Separate Gas Meters 22

Number of Separate Electric Meters 22

* Excluded Features

List By

Surterre Properties Inc

Broker

dan@danluxuryliving.com

Affordability Calculator

$22,301

Per Month

Monthly Principal & Interest: $19,087
Monthly Property Taxes: $3,214
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,864,365

Percent of Sale Price 40%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$3,100,000		Listed Price

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627 Linden Avenue, Long Beach, CA, 90802 is a Multi-Family Home for sale at $3,100,000 with 8,543 sqft and a lot size of 0.173. 627 Linden Avenue is a studio with 1.0 baths and was built in 1947. The property's zip code is 90802 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you 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 retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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627 Linden Avenue

Multi-Family Home for sale in Long Beach, CA

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