| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 63rd | Good |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3485 Linden Ave, Long Beach, CA, 90807, US |
| Region / Metro | Long Beach |
| Year of Construction | 1991 |
| Units | 29 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3485 Linden Ave Long Beach Multifamily Investment
Positioned in a competitive Long Beach neighborhood with mid-90s occupancy and a majority renter-occupied housing stock, this asset taps into steady multifamily demand, according to WDSuite’s CRE market data.
The property sits in an Urban Core node of Long Beach that is competitive among Los Angeles-Long Beach-Glendale neighborhoods (ranked 127 out of 1,441) with an overall neighborhood rating of A. Amenity access scores in the top quartile nationally, supported by dense parks, childcare, cafes, groceries, and pharmacies — elements that typically aid leasing velocity and retention for workforce and professional renters.
Neighborhood occupancy trends around the mid-90s and are above many national readings, which supports income stability through cycles. A majority of housing units in the area are renter-occupied, indicating a deep tenant base and consistent demand for multifamily product rather than ownership.
Within a 3-mile radius, demographics show population easing over recent years while household counts have increased, suggesting smaller average household sizes and a broader base of renting households. Median household incomes have risen and are projected to continue growing, while rents have also trended upward — dynamics that can sustain rent rolls but warrant measured lease management where affordability pressure emerges.
Home values in the neighborhood are elevated versus national norms, a high-cost ownership context that often reinforces reliance on rental housing and supports pricing power for well-positioned assets. Local amenity density — including parks (top national percentiles) and food-service options — further enhances livability and day-to-day convenience for renters.
Safety conditions in the immediate neighborhood trail both metro and national comparables, with crime levels ranked toward the lower end of Los Angeles-Long Beach-Glendale neighborhoods (1312 out of 1,441) and national safety percentiles that are below average. Recent data also indicate a year-over-year uptick in reported incidents. Investors commonly address this profile with visible security, lighting, and resident engagement to support tenant retention and protect NOI.
Proximity to a diversified employment base — including industrial gases, managed healthcare, telecommunications, and defense offices — underpins renter demand and commute convenience for residents.
- Air Products & Chemicals — industrial gases (2.6 miles)
- Molina Healthcare — managed healthcare (3.8 miles) — HQ
- Airgas — industrial gases (4.4 miles)
- Time Warner Business Class — telecommunications (8.0 miles)
- Raytheon Public Safety RTC — defense & aerospace offices (8.5 miles)
The 1991 vintage positions this asset newer than much of the surrounding stock, offering relative competitiveness versus older buildings while leaving room for targeted upgrades to systems and finishes. Neighborhood fundamentals are supportive: occupancy trends hover in the mid-90s and the renter-occupied share is the majority, pointing to a durable tenant base and stable leasing. Elevated ownership costs in this part of Long Beach further reinforce reliance on rentals, and amenity density ranks in the top national percentiles, which can help sustain absorption and retention.
Within a 3-mile radius, households have grown even as population modestly declined, indicating smaller household sizes and a broader renter pool. Incomes have increased alongside rising rents, which can support ongoing collections but calls for attentive rent-to-income screening and renewal strategies. According to CRE market data from WDSuite, occupancy remains above many national readings, reinforcing the case for long-term income stability with prudent capital planning.
- Newer 1991 vintage vs. area average, with potential for targeted value-add and modernization
- Competitive neighborhood with top-quartile amenity access supporting leasing and retention
- Majority renter-occupied housing and mid-90s occupancy support demand depth and income stability
- High-cost ownership context reinforces renter reliance, aiding pricing power for well-positioned units
- Risks: below-average safety metrics and affordability pressure require active security and renewal management