Back 627 Linden Avenue
Off Market

627 Linden Avenue

Long Beach CA 90802

3
3
7537 sq. ft.
Multi-Family
Last sold for $2,600,000
Daniel CarpenterDaniel Carpenter, last sold this property on 06 March 2026 after 49 days on market.

Overview

The subject property is a 22-unit apartment building located in the trendy East Village neighborhood of Long Beach. This charming two story 1940s 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.

Features

3 bedrooms
3 bathrooms
7537 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 627 Linden Avenue is $1.57m.

Median value
$1.57m
Estimated value range
$757.5k - $2.6m
Median days on market
61
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 627 Linden Avenue

2026
Rented
Undisclosed
10 Jun 2026 by Realty Executives Cornerstone
2026
Sold
$2,600,000
06 Mar 2026 by Daniel Carpenter, of Surterre Properties Inc

Happy sellers in Long Beach

~%

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 3 bedroom multi families in Long Beach

In the last 12 months, 5 three-bedroom multi families similar to 627 Linden Avenue, have been sold.

This represents a 100% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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