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1136 Linden Ave 8 Unit Apartment Building $2,367,390 CAD ($295,924 CAD/Unit) 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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$217,388
|
$44.03
|
| Other Income |
$3,294
|
$0.67
|
| Vacancy Loss |
$10,869
|
$2.20
|
| Effective Gross Income |
$209,813
|
$42.50
|
| Taxes |
$29,593
|
$5.99
|
| Operating Expenses |
$43,922
|
$8.90
|
| Total Expenses |
$73,515
|
$14.89
|
| Net Operating Income |
$136,297
|
$27.61
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $217,388 |
| Annual Per SF | $44.03 |
| Other Income (CAD) | |
|---|---|
| Annual | $3,294 |
| Annual Per SF | $0.67 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,869 |
| Annual Per SF | $2.20 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $209,813 |
| Annual Per SF | $42.50 |
| Taxes (CAD) | |
|---|---|
| Annual | $29,593 |
| Annual Per SF | $5.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $43,922 |
| Annual Per SF | $8.90 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $73,515 |
| Annual Per SF | $14.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $136,297 |
| Annual Per SF | $27.61 |
Property Facts
| Price | $2,367,390 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $295,924 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.76% | Building Size | 4,937 SF |
| Gross Rent Multiplier | 11.3 | Average Occupancy | 88% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.81/1,000 SF |
| Zoning | LBR4N - Residential | ||
| Price | $2,367,390 CAD |
| Price Per Unit | $295,924 CAD |
| Sale Type | Investment |
| Cap Rate | 5.76% |
| Gross Rent Multiplier | 11.3 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,937 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | LBR4N - Residential |
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 | $2,059 CAD | - |
| 2+1 | 2 | $2,882 CAD | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7274-001-008 | Total Assessment | $568,175 CAD (2025) |
| Land Assessment | $158,470 CAD (2025) | Annual Taxes | $29,593 CAD ($5.99 CAD/SF) |
| Improvements Assessment | $409,705 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7274-001-008
Land Assessment
$158,470 CAD (2025)
Improvements Assessment
$409,705 CAD (2025)
Total Assessment
$568,175 CAD (2025)
Annual Taxes
$29,593 CAD ($5.99 CAD/SF)
Tax Year
2026
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1136 Linden Ave
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