338 Linden Avenue Long Beach, CA ^$ 4,750,000

338 Linden Avenue

^$ 4,750,000

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Recently Listed

338 Linden Avenue

Long Beach, CA, 90802

^$ 4,750,000

Studio Baths1.0 Sq 9,098

Monthly Estimate*

^$ 29,247

Listed by Steven M. Bogoyevac, Broker

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

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

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

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

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

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

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

338 Linden Avenue, Long Beach, CA 90802 - Image 8

338 Linden Avenue, Long Beach, CA 90802 - Image 9

338 Linden Avenue, Long Beach, CA 90802 - Image 10

338 Linden Avenue, Long Beach, CA 90802 - Image 11

338 Linden Avenue, Long Beach, CA 90802 - Image 12

338 Linden Avenue, Long Beach, CA 90802 - Image 13

Studio

Multi-Family Home for sale in Long Beach, CA

for $4,750,000 with 1 full bath. This 9,098 square foot home was built in 1961 on a lot size of 0.1725.

This offering presents an excellent opportunity to acquire a renovated asset with three brand new ADU’s in a strong coastal market. 338 Linden Avenue is a two-story building with a mix of one studio, 15 one-bed/one-bath units, one two-bed/two-bath unit, controlled access, and shared laundry. The building boasts numerous substantial improvements: three of the one-bedrooms are recently completed ADU additions, nine of the units have been recently remodeled, and a complete re-pipe to copper plumbing. 338 Linden Avenue is located in Downtown Long Beach’s vibrant East Village Arts District within easy walking distance of dining, shopping, and entertainment (WalkScore: 98), two blocks to the Metro Blue Line, and a half-mile to Alamitos Beach.

Multi-Family Active

Price

^$ 4,750,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1725

Year Built

1961

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26062317

Days on Market

Features

General

Sewer Public Sewer

Zoning LBPD30

Garage Spaces 0

Pool Features None

Year Built 1961

Property Subtype Mixed Use

Gross Income 417266

Community Features Urban

County Los Angeles

Net Operating Income 283559

Operating Expense 140917

Insurance Expense 0

New Construction false

Property Type Residential Income

Subdivision Name east village arts district

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Near corner of 4th and Linden

City Long Beach

Entry Location main

Senior Community Y/N false

Number Of Units Total 17

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 7514

Listing Terms Cash Cash to New Loan

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 12

Property Sub Type Additional Mixed Use

Cap Rate 5.97

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 0

Lot Size Area 7514

Number of Buildings 1

Building Area Total 9098

Lot Size Acres 0.1725

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 17

Number of Separate Electric Meters 17

* Excluded Features

List By

Steven M. Bogoyevac, Broker

Broker

steve.bogoyevac@marcusmillichap.com

Affordability Calculator

$29,247

Per Month

Monthly Principal & Interest: $29,247
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$1,817,661

Percent of Sale Price 62%

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
3/23/2026	$4,750,000		Listed Price

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338 Linden Avenue, Long Beach, CA, 90802 is a Multi-Family Home for sale at $4,750,000 with 9,098 sqft and a lot size of 0.1725. 338 Linden Avenue is a studio with 1.0 baths and was built in 1961. 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 3/25/2026. 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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338 Linden Avenue

Multi-Family Home for sale in Long Beach, CA

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