Six-Unit Apartment
For Sale
$1,699,000
Pending
4411 Linden Avenue, Long Beach, CA 90807
1954-built six-unit residential income property with 10 bedrooms and 6 bathrooms across multiple units.
Property Size3,956 SF
Lot Size0.21 Acres
Days on Market118
Property Features for 4411 Linden Avenue
General Information
Standard status
Pending
Size
3,956 SF
Lot size
0.21 Acres
Property subtype
Commercial/Industrial
Site & Location
Neighborhood
Bixby Knolls
Additional Details
Multifamily Units
6
Building Details
Year Built
1954
Listing Agency:
Team Fasnacht Realty
Listed By:
Alan Fasnacht · License #00542691
(562) 243-5948
Source:
Exitrealty
Added: Jul 8
Changed: Oct 25
Last Checked: Oct 14 at 7:58PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,653
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,060
$1.5M
Cap Rate 7%
$1,080,757
$1.1M
Cap Rate 9%
$840,589
$840.6K
Market Conditions
NOI Build-Up for 3,956 SF
Gross rent
$144.8K $36.60/SF
− Vacancy
−$7.2K −$1.83/SF
EGI
$137.6K $34.77/SF
− OpEx
−$61.9K −$15.65/SF
NOI
$75.7K $19.12/SF
Area
Long Beach, CA
Vacancy
5.00%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,060
Cap Rate 7%
$1,080,757
Cap Rate 9%
$840,589
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 authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,100
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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 Avenue 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
