Six-Unit Apartment
4411 Linden Ave Long Beach, CA 90807
4411 Linden Ave, Long Beach, CA, 90807
$1,699,000
For Sale
$1,699,000
1954-built six-unit residential income property with 10 bedrooms and 6 bathrooms across multiple units.
Property Size3,956 SF
Lot Size0.21 Acres
Price / SF$429.47
Days on Market16
Property Features for 4411 Linden Ave
General Information
- Standard status
- Active
- Size
- 3,956 SF
- Lot size
- 0.21 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1954
Listing agency
Team Fasnacht Realty
(562) 243-5948
Listed by
Alan Fasnacht · License #00542691
Source
Elliman
Added: Jul 8 Updated: Jul 20 at 9:46PM Checked: Jul 22 at 12:47PM
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 Team Fasnacht Realty
Investment Insights
Based on property information with market context.
This six-unit apartment building was constructed in 1954 and is laid out with 10 bedrooms and 6 bathrooms across the units. The property has had recent ownership improvements, including replacement of six water heaters and change-out of 32 windows in 2018.
The listing notes that the lot also includes 4413 Linden Ave, and that all three nearby buildings are available: 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave. The cluster is offered by the same owners and is presented as a drive-by only opportunity.
BikeScore is reported at 34 (somewhat bikeable), WalkScore at 14 (car-dependent), and transitScore at 38 (some transit).
The listing notes that the lot also includes 4413 Linden Ave, and that all three nearby buildings are available: 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave. The cluster is offered by the same owners and is presented as a drive-by only opportunity.
BikeScore is reported at 34 (somewhat bikeable), WalkScore at 14 (car-dependent), and transitScore at 38 (some transit).
Key Highlights
- 1954‑built six‑unit residential income property with 10 bedrooms and 6 bathrooms across the units
- Building size of 3,956 SF on a 9,018 SF lot
- 2018 capital updates include six replaced water heaters and 32 windows changed out
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 | $144.8k | $36.60 |
| − Vacancy | −$7.2k | −$1.83 |
| EGI | $137.6k | $34.77 |
| − OpEx | −$61.9k | −$15.65 |
| NOI | $75.7k | $19.12 |
3,956 SF · lease $36.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$945.7K – $1.26M
NOI $75,653 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,262 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 1954-built six-unit residential income property with 10 bedrooms and 6 bathrooms across multiple units.
Where is this apartment building located?
The property is located at 4411 Linden Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 1954‑built six‑unit residential income property with 10 bedrooms and 6 bathrooms across the units; Building size of 3,956 SF on a 9,018 SF lot; 2018 capital updates include six replaced water heaters and 32 windows changed out
