140 Linden Avenue 606
Long Beach, CA, 90802
$390,000
MLS: 26678369
Beds
1
Baths
1
Sq Ft
522
Lot
0.77 ac
Year Built
1928
MLS #
26678369
Days on Market
8
Listed
Apr 7, 2026
Description
Why settle for a generic high-rise when you can own a landmark? This one-bedroom in the historic Lafayette is a rare "value-add" opportunity. The standout feature: a Mills Act contract that grants owners massive property tax savings, a significant hedge against inflation and a boost to your bottom line. While the interior is a blank slate awaiting restoration, the bones are irreplaceable. You get the security of controlled access, a fitness center,a game room, front desk concierge and a panoramic rooftop deck perfect for hosting events. Whether you're looking for a low-tax, a smart first purchase, or a creative renovation project, this is a strategic acquisition in a walkable coastal core. Ditch the inflated taxes and invest in Art Deco character. High ceilings, great light, and zero "cookie-cutter" energy.
Location
Long Beach, Los Angeles County, CA 90802
Open on Google Maps ↗Listed by: Victor Quiroz · Coldwell Banker Envision
Payment estimate
$3,009
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,000 · Loan: $351,000
- Principal & Interest
- $2,157
- Property tax (1.25%)
- $406
- Homeowners insurance
- $300
- Mortgage insurance
- $146
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $13,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90802 (Long Beach) within ±10% of this home's price and size.
$355,000
720 W 4th 114
Long Beach, 90802
$358,000
730 W 4th Street 107
Long Beach, 90802
$369,998
100 Atlantic 910
Long Beach, 90802
$379,000
1250 E 3rd Street 8
Long Beach, 90802
$385,000
460 Golden Avenue 434
Long Beach, 90802
$385,990
1739 E Appleton 3
Long Beach, 90802
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.