4446 Linden Avenue, Long Beach, California 90807, Long Beach, - bed, bath
ACTIVE UNDER CONTRACT$1,300,000
4446 Linden Avenue, Long Beach, California 90807
0Bed
0Bath
3,266Sqft
7,908Lot
Year Built
1944
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SB25237138
Home ConditionPoor
Features
View-
About this home
Rare 4 unit property in the best part of Bixby Knolls on the market for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit. Incredible location in one of the best neighborhoods of Bixby Knolls. Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park. Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic.
Price History
Date
Event
Price
10/10/25
Listing
$1,300,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,266 | 3,083 | 50% |
| Lot Size | 7,908 | 6,012 | 50% |
| Price | $1.3M | $1.3M | 50% |
| Price per square foot | $398 | $422.5 | 50% |
| Built year | 1944 | 9720977 | 50% |
| HOA | |||
| Days on market | 26 | 87 | 50% |
Condition Rating
Poor
Built in 1944 and on the market for the first time in 40 years, this property likely has not seen significant renovations in decades. The exterior images show a dated building with worn garage doors and stucco, consistent with its age. Without interior photos, we must infer that the kitchens, bathrooms, and major systems (plumbing, electrical, HVAC) are original or very old, requiring substantial repairs and rehabilitation to meet current standards. The description's mention of a '40% upside in actual rents' further suggests that significant investment is needed to modernize the units and maximize income potential.
Pros & Cons
Pros
Prime Bixby Knolls Location: Situated in a highly desirable area of Bixby Knolls, offering proximity to Virginia Country Club, Scherer Park, and walking distance to retail and restaurants on Atlantic Avenue.
Significant Rental Upside: Boasts a substantial 40% upside in actual rents, projecting a strong market GRM of 10.7X and a 6.0% cap rate, indicating excellent investment potential.
Desirable Unit Configuration: Features four spacious 2-bedroom, 1-bathroom units, each over 800 square feet, appealing to a broad tenant base.
Additional Income & Amenities: Includes a separate structure with two 2-car garages and a laundry room, providing valuable additional income streams and tenant amenities.
Tenant-Responsible Utilities: All units are separately metered for gas and electric, with individual water heaters, significantly reducing landlord operating expenses.
Cons
Property Age & Outdated Systems: Built in 1944, the property is likely to have original or significantly aged systems (plumbing, electrical, HVAC if any) that may require substantial upgrades or replacement.
Potential for Significant Renovation Costs: Being on the market for the first time in 40 years, the property likely requires extensive renovation and modernization to achieve the projected rental upside and meet current market expectations.
Lack of Desirable Views: The property does not offer any notable views, which could be a minor detractor for some tenants or future resale value compared to properties with scenic outlooks.