| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 44th | Fair |
| Amenities | 95th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 536 Linden Ave, Long Beach, CA, 90802, US |
| Region / Metro | Long Beach |
| Year of Construction | 1972 |
| Units | 87 |
| Transaction Date | 1993-07-07 |
| Transaction Price | $3,125,000 |
| Buyer | SIMON ROBERT |
| Seller | FAMILY TRUST FEATHERSTON ROGER A CO TR FEATHE |
536 Linden Ave Long Beach Multifamily Investment
High renter concentration and strong amenity access in the surrounding neighborhood support steady tenant demand, according to WDSuite’s CRE market data. Neighborhood occupancy figures refer to the area, not this specific property.
Situated in Long Beach’s Urban Core, the neighborhood ranks 303rd out of 1,441 across the Los Angeles–Long Beach–Glendale metro, placing it in the top quartile among metro neighborhoods and indicating competitive positioning for multifamily. Amenity density is a clear strength: grocery, cafe, and restaurant counts are in the high national percentiles, helping with day-to-day convenience and leasing appeal.
Neighborhood occupancy is 91.7% (area-level), hovering around national mid-range according to CRE market data from WDSuite, while renter-occupied housing is elevated (area-level renter concentration near the top of metro rankings). For investors, that depth of renter demand can support leasing stability, though it may also require disciplined renewal strategies. The neighborhood’s overall housing metrics sit in the top quartile nationally, signaling relative competitiveness compared with many U.S. urban districts.
Within a 3-mile radius, households have grown even as total population edged down over the past five years, suggesting smaller household sizes and sustained need for rental options. Forecasts within the same 3-mile radius point to an increase in households, which would expand the local tenant base and support occupancy stability. Median home values in the neighborhood are elevated versus national norms, which typically reinforces reliance on multifamily rentals and can aid pricing power while keeping an eye on retention risk.
The property’s 1972 vintage is somewhat newer than the neighborhood’s older average stock, providing a competitive starting point versus mid-century assets while still warranting targeted modernization and capital planning to capture value-add upside. School ratings in the area sit near national mid-percentiles; investors may find that amenity access and proximity to employment nodes are the more prominent demand drivers here.
Area-level safety indicators trail national benchmarks, with the neighborhood ranking toward the higher-crime end of the 1,441 Los Angeles metro neighborhoods and sitting below national percentiles for safety. Recent data also show year-over-year increases in both property and violent offense rates at the neighborhood level.
For investors, underwriting should reflect higher operating diligence—security measures, lighting, and insurance assumptions—while focusing on the Urban Core fundamentals that can support occupancy and leasing performance. Comparisons should be made against peer submarkets in the Los Angeles–Long Beach–Glendale region to calibrate risk-adjusted returns.
Nearby employers provide a broad white-collar and industrial base that supports workforce housing demand and commute convenience, including Molina Healthcare, Air Products & Chemicals, Airgas, International Paper Cypress Retail Packaging, and Time Warner Business Class.
- Molina Healthcare — healthcare administration (0.96 miles) — HQ
- Air Products & Chemicals — industrial gases/chemicals (3.81 miles)
- Airgas — industrial gases (7.55 miles)
- International Paper Cypress Retail Packaging — packaging (9.51 miles)
- Time Warner Business Class — telecommunications (9.76 miles)
536 Linden Ave offers scale at 87 units within an Urban Core neighborhood that is competitive among Los Angeles metro peers and supported by deep renter-occupied housing. Amenity-rich blocks nearby and proximity to diversified employers reinforce tenant appeal. Based on commercial real estate analysis from WDSuite, the area’s occupancy sits near national mid-range while neighborhood housing metrics trend in the upper national quartiles, indicating a platform for steady operations with thoughtful rent and renewal management.
Built in 1972, the asset is somewhat newer than much of the surrounding stock, suggesting potential to outperform older peers with targeted capital improvements. Within a 3-mile radius, household growth alongside a modest population dip points to smaller household sizes and a stable to expanding renter pool; forward-looking household gains in the same radius would further support leasing and retention. Elevated ownership costs locally tend to sustain reliance on multifamily rentals, though rent-to-income levels warrant attentive affordability and lease management.
- Competitive Urban Core location with top-quartile metro standing and strong amenity access
- Deep renter-occupied housing base supports tenant demand and occupancy stability
- 1972 vintage offers value-add potential versus older neighborhood stock
- 3-mile household growth outlook points to a larger renter pool and leasing support
- Risks: area-level safety metrics below national norms and affordability pressure require prudent operations