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    Long Beach Multifamily Investment Opportunity Title is generated by Realmo AI

    1136 Linden Avenue, Long Beach, CA 90813

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    Claim this Listing
    For Sale
    $1,725,000

    Well-performing 8-unit property in desirable coastal rental market.

    Type:Commercial Sale / Multi Family
    Property size:
    4,937 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $349/SF
    Added:
    Mar 23, 2026
    Days on Market:
    83
    Last Refresh:
    Mar 25 at 8:31 pm

    Property Features for 1136 Linden Avenue

    General Information

    Standard status
    Active
    Size
    4,937 SF
    Lot size
    0.17 Acres
    Property subtype
    Commercial Sale / Multi Family

    Building Details

    Year Built
    1950

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    Listing Contact
    Jeff Wiggins
    Jeff Wiggins

    Listing agent Jeff Wiggins License #01754343

    Listing office Coldwell Banker Realty Pasadena

    Listing date Mar 23, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty Pasadena

    HighLights

    • High‑demand coastal rental market location in Long Beach.
    • Significant value‑add potential for increased income.
    • Stable in‑place income from 8‑unit multifamily property.
    • Attractive unit mix of one- and two‑bedroom apartments.
    • Proximity to Downtown Long Beach, Pacific Ocean, and Shoreline District.
    • Located in the North of East Village neighborhood with strong rental demand.

    Overview

    This is an opportunity to acquire an 8-unit multifamily investment property located in Long Beach. The property is situated at 1136 Linden Avenue. It offers stable in-place income with value-add potential in a high-demand location. The asset consists of eight one- and two-bedroom units totaling approximately 4,937 rentable square feet, situated on a 7,271 square foot lot. The unit mix appeals to a broad tenant base and supports consistent occupancy in a strong rental market. Located in the North of East Village neighborhood, the property benefits from rental demand, a dense population base, and ongoing neighborhood revitalization. Residents have access to shopping, restaurants, entertainment, and public transportation. The property is located 1.5 miles from Downtown Long Beach, the Pacific Ocean, and the Shoreline District, placing tenants near employment centers and lifestyle amenities.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $198.5k $40.20
    − Vacancy −$8.3k −$1.69
    EGI $190.1k $38.51
    − OpEx −$85.6k −$17.33
    NOI $104.6k $21.18
    4,937 SF · lease $40.20/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.49M
    $1.31M – $1.74M (±1% cap)
    NOI $104,572 @ 7.0% cap · market cap 6.06%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $1.62M
    $1.42M – $1.89M (±1% cap)
    NOI $113,476 @ 7.0% cap · market cap 6.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1863149
    Latitude
    33.7815954

    FAQs

    What type of property is this?
    Apartment building - Well-performing 8-unit property in desirable coastal rental market.
    Where is this apartment building located?
    The property is located at 1136 Linden Avenue Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: High‑demand coastal rental market location in Long Beach.; Significant value‑add potential for increased income.; Stable in‑place income from 8‑unit multifamily property.
    More about this property
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