| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 63rd | Good |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3415 Linden Ave, Long Beach, CA, 90807, US |
| Region / Metro | Long Beach |
| Year of Construction | 1973 |
| Units | 93 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3415 Linden Ave Long Beach Multifamily Investment
Neighborhood occupancy is solid and renter concentration is above the metro median, supporting durable tenant demand near employment and amenities, according to WDSuite’s CRE market data.
Located in Long Beach’s Urban Core, the property sits in a neighborhood rated A and competitive among Los Angeles-Long Beach-Glendale neighborhoods (127 of 1,441). Amenity access scores in the top quartile nationally, with strong showings for cafes, groceries, pharmacies, and parks, which helps sustain leasing appeal and day-to-day convenience for residents.
Neighborhood occupancy is above national norms, and the share of renter-occupied housing units is high for the metro. For investors, this indicates a deeper tenant base and supports pricing discipline and retention during typical leasing cycles. Median contract rents in the area trend on the higher side for the nation, aligning with the location’s amenity quality and access.
Within a 3-mile radius, households have grown even as population trends softened modestly, implying smaller household sizes and a gradual shift toward more housing demand per capita. Forward-looking estimates point to continued growth in household counts, which typically supports occupancy stability for multifamily assets.
Home values in the neighborhood are elevated relative to national benchmarks, characteristic of a high-cost ownership market. For multifamily owners, this context generally reinforces rental reliance and can support lease-up velocity and renewal capture, though it also calls for attention to rent-to-income dynamics and prudent escalation strategies.
Safety metrics indicate the neighborhood performs below the metro average, with lower national safety percentiles compared with many U.S. neighborhoods. Recent trend data shows year-over-year increases in both property and violent offenses locally. For investors, this suggests underwriting should account for operating practices that prioritize resident experience and asset care, and that comps should be selected with neighborhood context in mind.
Proximity to established corporate employers supports a broad commuter tenant base and helps sustain leasing, particularly for workforce and professional renters. Notable nearby employers include Air Products & Chemicals, Molina Healthcare, Airgas, and Time Warner Business Class.
- Air Products & Chemicals — industrial gases (2.6 miles)
- Molina Healthcare — healthcare services (3.7 miles) — HQ
- Airgas — industrial gases (4.5 miles)
- Time Warner Business Class — telecommunications (8.0 miles)
- Raytheon Public Safety RTC — defense & aerospace offices (8.5 miles)
This Long Beach asset benefits from strong neighborhood fundamentals: competitive positioning within the metro, high amenity access, and a renter-leaning housing stock that supports a steady tenant pipeline. Elevated home values in the area indicate a high-cost ownership market, which typically sustains reliance on rentals and can support occupancy stability, while neighborhood occupancy trends remain healthy relative to national baselines.
At the same time, rent-to-income considerations and below-metro-average safety metrics warrant attention to leasing strategy and operations. According to CRE market data from WDSuite, the neighborhood’s amenity strength and renter concentration provide a favorable backdrop for multifamily performance, but prudent underwriting should reflect local cost burdens and neighborhood context.
- Competitive metro positioning and strong amenity access support leasing velocity
- High renter-occupied share indicates deeper tenant base and demand resilience
- Elevated ownership costs locally reinforce rental reliance and renewal potential
- Risk: Below-metro-average safety metrics call for operational focus and conservative comps
- Risk: Rent-to-income pressures suggest disciplined rent growth and lease management