Long Beach Multifamily Investment
1136 Linden Avenue Long Beach, CA 90813
1136 Linden Avenue, Long Beach, CA, 90813
$1,725,000
For Sale
$1,725,000
Well-performing 8-unit property in desirable coastal rental market.
Property Size4,937 SF
Lot Size0.17 Acres
Price / SF$349.40
Days on Market221
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 Updated: Jul 10 at 12:14 pm Checked: Jul 16 at 9:00 pm
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.
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
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.
