Improved Quadplex
For Sale
$1,450,000
4407 Linden Avenue, Long Beach, CA 90807
Four-unit residential property with replaced water heaters, a recent roof, and updated windows.
Property Size3,466 SF
Lot Size0.23 Acres
Price / SF$418.35
Days on Market123
Property Features for 4407 Linden Avenue
General Information
Standard status
Active
Size
3,466 SF
Lot size
0.23 Acres
Property subtype
General Commercial
Additional Details
Multifamily Units
4
Amenities
3
2 Parking Spaces. Carport.
Rectangular
Front Yard. Rectangular.
Building Details
Year Built
1944
Buildings
1
Listing Agency:
Team Fasnacht Realty
(562) 243-5948
Listed By:
Alan Fasnacht · License #00542691
Source:
Xome
Added: May 3
Changed: Sep 2
Last Checked: Sep 1 at 2:55PM
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 four-unit residential income property at 4407 Linden Ave includes 3,466 square feet within a 9,983-square-foot lot. The 1944 building provides 10 bedrooms and 4 bathrooms, with a garage included among the improvements. Recent capital work includes replacement of all four water heaters, composition-shingle reroofing on the main dwelling and garage, and 21 windows replaced in 2018.
The property is located in Bixby Knolls in Long Beach. Two additional properties—4411 Linden Ave and 4322 Elm Ave—are also available from the same ownership, offering the option to acquire assets individually or together. Drive-by viewing only.
The property is located in Bixby Knolls in Long Beach. Two additional properties—4411 Linden Ave and 4322 Elm Ave—are also available from the same ownership, offering the option to acquire assets individually or together. Drive-by viewing only.
Key Highlights
- 3,466‑square‑foot quadplex on a 9,983‑square‑foot lot
- 10 bedrooms and 4 bathrooms across four units
- Built in 1944
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,521
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,490,420
$1.5M
Cap Rate 7%
$1,064,586
$1.1M
Cap Rate 9%
$828,011
$828.0K
Market Conditions
NOI Build-Up for 3,466 SF
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.
Gross rent
$112.3K $32.40/SF
− Vacancy
−$5.8K −$1.68/SF
EGI
$106.5K $30.72/SF
− OpEx
−$31.9K −$9.21/SF
NOI
$74.5K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,490,420
Cap Rate 7%
$1,064,586
Cap Rate 9%
$828,011
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$931.5K – $1.24M
NOI $74,521 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$946.9K
$828.5K – $1.10M
NOI $66,282 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.86M
$1.62M – $2.16M
NOI $129,898 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,100
Businesses Nearby
Explore this area
Business Placement
Demographics for 90807, CA
32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with replaced water heaters, a recent roof, and updated windows.
Where is this quadplex located?
The property is located at 4407 Linden Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,466‑square‑foot quadplex on a 9,983‑square‑foot lot; 10 bedrooms and 4 bathrooms across four units; Built in 1944
