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Investment Highlights

  • 8 Unit Multi Family
  • Close to public transportation
  • Garage ADU conversion potential
  • 1 & 2 Bedroom Apartments
  • Walking distance to St Mary Hospital

Executive Summary

We are pleased to present a rare opportunity to acquire a well-performing 8-unit multifamily investment property located in one of Southern California’s most desirable coastal rental markets. Situated at 1136 Linden Avenue in Long Beach, the property offers investors stable in-place income with significant value-add potential in a high-demand infill location.
The asset consists of eight spacious one- and two-bedroom units totaling approximately 4,937 rentable square feet, situated on a 7,271 square foot lot. The attractive 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 strong rental demand, a dense population base, and ongoing neighborhood revitalization. Residents enjoy convenient access to shopping, restaurants, entertainment, and public transportation.
A key highlight of the property is the ±968 square foot garage structure located at the rear of the lot, which is currently underutilized and presents multiple opportunities for additional income and long-term value creation.
With its prime coastal location, desirable unit mix, and clear upside through additional income opportunities, 1136 Linden Avenue represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a supply-constrained Southern California rental market.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $158,400 $32.08
Other Income $2,400 $0.49
Vacancy Loss $7,920 $1.60
Effective Gross Income $152,880 $30.97
Taxes $21,563 $4.37
Operating Expenses $32,004 $6.48
Total Expenses $53,567 $10.85
Net Operating Income $99,313 $20.12

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $158,400
Annual Per SF $32.08
Other Income
Annual $2,400
Annual Per SF $0.49
Vacancy Loss
Annual $7,920
Annual Per SF $1.60
Effective Gross Income
Annual $152,880
Annual Per SF $30.97
Taxes
Annual $21,563
Annual Per SF $4.37
Operating Expenses
Annual $32,004
Annual Per SF $6.48
Total Expenses
Annual $53,567
Annual Per SF $10.85
Net Operating Income
Annual $99,313
Annual Per SF $20.12

Property Facts

Price $1,725,000
Price Per Unit $215,625
Sale Type Investment
Cap Rate 5.76%
Gross Rent Multiplier 11.3
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Size 4,937 SF
Average Occupancy 88%
No. Stories 2
Year Built 1950
Parking Ratio 0.81/1,000 SF
Zoning LBR4N

Amenities

Unit Amenities

  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Carpet
  • Double Pane Windows
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities
  • Picnic Area
  • Public Transportation
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,500 -
2+1 2 $2,100 -
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39828457

  • Date on Market: 3/19/2026

  • Last Updated:

  • Address: 1136 Linden Ave, Long Beach, CA 90813

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