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1136 Linden Ave 8 Unit Apartment Building Offered at $1,725,000 at a 5.76% Cap Rate Long Beach, CA 90813



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.
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
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 | - |
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (70)
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1136 Linden Ave
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