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1136 Linden Ave - 8 Unit Apartment Building

$1,725,000

1136 Linden Avenue, Long Beach, CA 90813

Active
Last Updated: 03/19/2026

3.02

Cap Rate

5.76

Pro Forma Cap Rate

Details:
Cap Rate:    3.02%
Pro Forma Cap Rate :    5.76%
NOI:    $52,265
Building Size:    4,937 sqft
Lot Area:    7,271 sqft
Units:    8
GRM:    16.3
Class:    C
Occupancy:    88%
Price Per Unit:    $215,625
Zoning:    LBR4N
Price Per Sqft:    $349.40
Year Built:    1950
Average Room Size:    500 sqft
Floors:    2
Seller Financing:    No
Opportunity Zone:    No
Parking Spots:    4
Restrooms:    8
Investment Strategy:    Value Add
Highlights:
  • 8 Unit Multi Family
  • 1 and 2 Bedroom Apartments
Description:

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.

Map:
Documents:
Title
1136_Linden_Ave_-_OMCB-J_Final.pdf
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Location
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