Long Beach Multifamily Investment
For Sale
$1,725,000
1136 Linden Avenue, Long Beach, CA 90813
Well-performing 8-unit property in desirable coastal rental market.
Property Size4,937 SF
Lot Size0.17 Acres
Price / SF$349.40
Days on Market231
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
Listing Agency:
Coldwell Banker Realty Pasadena
(626) 584-0050
Listed By:
Jeff Wiggins · License #01754343
(626) 584-0050
Source:
Compass
Added: Dec 12, 2025
Changed: Jul 10
Last Checked: Jul 16 at 9:00PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
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
NOI $113,476 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
