1868 Gardenia Avenue, Long Beach, CA 90806

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1868 Gardenia Avenue,Long Beach, CA 90806
$1,488,000
  • - Beds
  • - Baths
  • 4,008 sq. ft.
  • Multi-family
  • Active
Listed by: stephen jeong
Office: keller williams realty irvine949-861-8000
MLS#:PW26178105
Source:CRMLS

Price summary

  • Price:$1,488,000
  • Price per sq. ft.:$371.26

About this home

An exceptional value-add opportunity in Long Beach, 1868 Gardenia Ave is a well-maintained 6-unit multifamily asset with no local rent control and subject only to statewide AB 1482 (5% + CPI). The property features an optimal unit mix of all 2-bedroom, 1-bathroom layouts, providing strong tenant demand and significant upside in rents. Recent improvements include new roof and fresh exterior paint. Rare for the area, the property includes 12 off-street parking spaces (two tandem spots per unit) maximizing tenant retention and rental rates. Positioned near key commuter routes, dining, and retail hubs, this property presents a compelling acquisition for investors seeking entry into one of Southern California's premier rental markets.

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Home facts

  • Year built:1958
  • Subdivision & Development:other
  • Listing ID #:PW26178105
  • Added:91 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Living area:4,008 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:4,008 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Level with Street
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,488,000
  • Price per sq. ft.:$371.26

Parking

  • Total parking spaces:12
  • Parking description:Assigned, Tandem, Uncovered
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