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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 (CAD) Annual Per SF (CAD)
Gross Rental Income $225,519 $45.68
Other Income $3,417 $0.69
Vacancy Loss $11,276 $2.28
Effective Gross Income $217,660 $44.09
Taxes $30,700 $6.22
Operating Expenses $45,565 $9.23
Total Expenses $76,265 $15.45
Net Operating Income $141,395 $28.64

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $225,519
Annual Per SF $45.68
Other Income (CAD)
Annual $3,417
Annual Per SF $0.69
Vacancy Loss (CAD)
Annual $11,276
Annual Per SF $2.28
Effective Gross Income (CAD)
Annual $217,660
Annual Per SF $44.09
Taxes (CAD)
Annual $30,700
Annual Per SF $6.22
Operating Expenses (CAD)
Annual $45,565
Annual Per SF $9.23
Total Expenses (CAD)
Annual $76,265
Annual Per SF $15.45
Net Operating Income (CAD)
Annual $141,395
Annual Per SF $28.64

Property Facts

Price $2,455,934 CAD
Price Per Unit $306,992 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 $2,136 CAD -
2+1 2 $2,990 CAD -
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
7274-001-008
Land Assessment
$159,604 CAD (2025)
Improvements Assessment
$412,637 CAD (2025)
Total Assessment
$572,240 CAD (2025)
Annual Taxes
$30,700 CAD ($6.22 CAD/SF)
Tax Year
2026
  • Listing ID: 39828457

  • Date on Market: 2026-03-19

  • Last Updated:

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

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