Property Details
About this Property
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.
MLS Listing Information
MLS #
CROC26010608
MLS Source
California Regional MLS
Days on Site
10
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Dan Carpenter
Surterre Properties Inc
License #: 01787203
Phone: –
Co-Listing Agent
Stephen Lampe
License #: 01164364
Phone: (310) 880-1151
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 22 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
627 Linden Ave is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a 7,537 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,100,000 and was built in 1947. This address can also be written as 627 Linden Ave, Long Beach, CA 90802.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 16, 2026. For the most current information, please contact Dan Carpenter
