$4,750,000
338 Linden Avenue, Long Beach CA 90802
Multi-Family (17 Units)
Property type
74 days
On market
$522
Price per sqft
0 cars
Garage
1961
Year built
7,514 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Steven Bogoyevac DRE #01332755 562-257-1231, Steven M. Bogoyevac, Broker
Listing updated: Mar 23, 2026 at 09:31pm.
Last checked: Jun 5, 2026 at 01:30am
Source: CRMLS #PW26062317
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,845 | $1,845 | $1,845 | Unfurnished |
| 1 | 2 | 2 | — | $2,477 | $2,477 | $2,500 | Unfurnished |
| 15 | 1 | 1 | — | $2,030 | $30,451 | $2,250 | Unfurnished |
# of Buildings: 1
# of Units Total: 17
Separate Electric Meters: 17
Separate Gas Meters: 17
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.4x
List Price / Annual Gross Rent
Cap Rate
5.97%
NOI / List Price
Gross Scheduled Income: $417,266
Operating Expense: $140,917
Net Operating Income: $283,559
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: Main
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7281011017
Additional Parcels: No
Tax Lot: 12
Zoning: LBPD30
Tax Block: 76
Subdivision: east village arts district
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 338 Linden Avenue, Long Beach, CA 90802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,800,000
Total Interest
$4,846,691
Total Payment
$8,646,691
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$29,117
per month
Property History for 338 Linden Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90802.
Similar Homes
Listings with similar prices to 338 Linden Avenue