1850 Gardenia Avenue, Long Beach, CA 90806
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1850 Gardenia Avenue,Long Beach, CA 90806
$3,799,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cameron samimi
Office:lyon stahl investment real estate, inc.
MLS#:SB25119351
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,799,000
About this home
Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 6.05% CAP Rate and a 10.58 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. 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
- Listing ID #:SB25119351
- Added:124 day(s) ago
- Updated:September 30, 2025 at 11:28 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$3,799,000
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