Get My Property Value

636 Linden Avenue

  • California
  • Long Beach

Property Information

  • Address: 636 Linden Avenue
  • City: Long Beach
  • State: California
  • Zip Code: 90802
  • Units: 20
  • Price: $3,350,000
Request More Information

Property Financials

  • Price per Unit: $167,500
  • Price per SF: $465
  • Current Cap Rate: 6.16%
  • Market Cap Rate: 7.44%
  • Current GRM: 9.71
  • Market GRM: 8.56

Property Description

636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents.

The property is comprised of all studio units, with 17 of the 20 units fully renovated with new flooring and upgraded kitchens and baths. The secured-access building features upgraded electrical panels and plumbing, as well as separately metered utilities.

With a Walk Score of 92 and Bike Score of 91, the property is conveniently located adjacent to East Village Arts District, Downtown Long Beach, Shoreline Village, and the beach/bike path.

Highlights

  • Priced at 9.71 GRM / 6.16% Cap Rate on Current Rents
  • Only $167,500 Per Door
  • Prime East Village Arts District
  • Upgraded Electrical Panels and Plumbing
  • 17 of 20 Units Remodeled

Ask Our Experts

Get comparable sales, submarket trends, and exclusive market insights from our team
More Info

Property Gallery

636 Linden-19
636 Linden-10
636 Linden-43
636 Linden-42
636 Linden-54
636 Linden-51
636 Linden-22
636 Linden-27
636 Linden-23
636 Linden-26
636 Linden-25
636 Linden-37

Browse other properties

5005 August Street

Los Angeles

44 Units

Price: $6,995,000

View Property
1019 Lewis Avenue

Long Beach

16 Units

Price: $4,100,000

View Property
Michigan Heights

Los

28 Units

Price: $7,400,000

View Property
Recent Transactions

Successful 1031 Exchanges & Multifamily Sales

Portfolio optimization across Long Beach, Los Angeles, Santa Monica, and beyond.

1031 Exchange
Tampa Exchange

Long Beach to Tampa

Traded nine 1920s buildings for a 56-unit institutional asset in Tampa, deferring 100% of capital gains.

Prop. Sold 9
Sale Price $14M
Read Case Study
Portfolio Sale
Phoenix Reposition

Long Beach to Phoenix

Sold 16 apartment buildings simultaneously and redeployed $50.3M into higher-yielding Phoenix assets.

Prop. Sold 16
Sale Value $50.3M
Read Case Study
Educational Guide
DST Guide

California DST Guide

Turn active properties into passive income. Learn the benefits of Delaware Statutory Trusts for multifamily investors.

Tax Deferred 100%
Avg Return 13.6%
Read Guide
DST Exchange
Portfolio DST

39-Property Portfolio

Exited active management by redeploying $78.9M into a DST generating $2.6M in Year 1 passive income.

Prop. Sold 39
Proceeds $78.9M
Read Case Study
1031 Exchange
Sequential Exchange

Sequential Exchange

Traded 106 aging units into 378 institutional-quality units, increasing net operating income by over 50%.

Units Acq. 378
NOI Increase +50%
Read Case Study

Ready to Make Your Move?

Whether you’re exploring an exchange, comparing markets, or evaluating an acquisition, we have the market data and expertise to help you move forward with confidence. Get personalized insights from our team of Long Beach and Southern California specialists.

Get Property Insights
Schedule a Consultation

Get an Estimate for Your Property

Request More Information About This Property