1850 Gardenia Avenue, Long Beach, CA 90806

Local realty services provided by:Better Homes and Gardens Real Estate Champions
1850 Gardenia Avenue,Long Beach, CA 90806
$3,650,000
  • - Beds
  • - Baths
  • 12,700 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25119351
Source:CRMLS

Price summary

  • Price:$3,650,000
  • Price per sq. ft.:$287.4

About this home

**Price Improvement November 2025! ** Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 7.14% CAP Rate and a 9.50 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. On-site Parking. 28 Total Parking, 10 in front and 9 tandem in rear Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers, and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this property presents an excellent opportunity for investors seeking long-term growth and cash flow.

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Home facts

  • Year built:1964
  • Listing ID #:SB25119351
  • Added:168 day(s) ago
  • Updated:November 15, 2025 at 12:19 AM

Rooms and interior

  • Living area:12,700 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:12,700 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,650,000
  • Price per sq. ft.:$287.4
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