| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 63rd | Good |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3503 Linden Ave, Long Beach, CA, 90807, US |
| Region / Metro | Long Beach |
| Year of Construction | 1974 |
| Units | 54 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3503 Linden Ave, Long Beach Multifamily Investment
Positioned in Long Beach an Urban Core pocket with steady renter demand the property benefits from a neighborhood occupancy rate around 95% and a high concentration of renter-occupied units, according to WDSuite 27s CRE market data.
The immediate area scores well for daily convenience and resident lifestyle. Amenity density is strong (nationally high percentiles for parks, cafes, groceries, and pharmacies), supporting leasing appeal and day-to-day livability. The neighborhood ranks 127 out of 1,441 across the Los Angeles-Long Beach-Glendale metro, placing it in the top tier of metro neighborhoods by overall rating.
Renter concentration is elevated (renter-occupied share above the national median and in a high national percentile), which indicates a deeper tenant pool for multifamily assets and supports occupancy stability. Neighborhood occupancy trends also sit above national medians, reinforcing baseline demand for professionally managed units.
Within a 3-mile radius, recent demographics show households rising even as total population edged lower, pointing to smaller household sizes and a larger share of housing demand expressed through rental units. Forward-looking estimates suggest household counts continue to grow with smaller average household sizes, expanding the renter pool and supporting lease-up and retention strategies.
Home values sit in a high national percentile and value-to-income ratios are elevated for owners, signaling a high-cost ownership market. For multifamily investors, this typically sustains reliance on rental housing and can bolster pricing power and lease retention, while rent-to-income levels indicate room for disciplined revenue management without overextending residents.
Safety performance is mixed relative to broader benchmarks. The neighborhood 27s crime rank sits in the lower half compared with 1,441 metro neighborhoods, and national percentiles for both violent and property offenses are below the U.S. median. For investors, this points to the importance of proactive security measures, lighting, and on-site management to support resident confidence and retention.
Year-over-year indicators show recent upticks in estimated offense rates, so underwriting should incorporate practical operating responses (access control, partnerships with local public safety resources) and emphasize resident engagement. Comparatively, assets that execute these basics effectively can compete well within Urban Core dynamics across the Los Angeles-Long Beach-Glendale market.
The employment base combines healthcare, industrial gases, telecom, and public-safety/defense offices within commuting distance, supporting workforce housing demand and lease stability for nearby multifamily. The list below highlights nearby anchors by proximity.
- Air Products & Chemicals industrial gases (2.6 miles)
- Molina Healthcare managed care (3.8 miles) HQ
- Airgas industrial gases distribution (4.4 miles)
- Time Warner Business Class telecom services (8.0 miles)
- Raytheon Public Safety RTC public safety tech/defense offices (8.5 miles)
This 54-unit asset in Long Beach benefits from strong amenity access, a deep renter base, and neighborhood occupancy above national medians. Elevated home values in the area reinforce renter reliance on multifamily housing, while recent 3-mile demographics show household growth and smaller household sizes, expanding the tenant base and supporting leasing durability. According to CRE market data from WDSuite, the neighborhood also scores strongly on overall livability relative to many metro peers, which can aid renewal rates.
Operationally, the Urban Core location near diversified employers supports steady demand, while rent-to-income dynamics suggest room for careful revenue management without materially heightening retention risk. Key underwriting considerations include a measured approach to security and resident experience, given below-median safety percentiles typical of dense urban submarkets.
- Favorable renter fundamentals: high renter-occupied share and above-median neighborhood occupancy support demand and renewal potential.
- High-cost ownership market: elevated home values and value-to-income ratios reinforce reliance on rental housing and pricing power.
- Household growth within 3 miles: rising household counts and smaller sizes signal a broadening tenant base.
- Employment access: proximity to healthcare, industrial, telecom, and defense employers supports leasing stability.
- Risk Urban Core safety: below-median safety percentiles call for strong property management, access control, and resident engagement.