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$1,600,000
New Listing
1868 Gardenia AvenueLong Beach, CA 90806
For Sale|Apartment|Active
0
Beds
0
Total Baths
4,008
SqFt
$399
/SqFt
1958
Built
Subdivision:
other
County:
Los Angeles
Listed by Stephen Jeong of Keller Williams Realty Irvine [email protected]
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Monthly Payment (Est.)
$7,300Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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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Listing Snapshot
Price
$1,600,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
4,008 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1481 Acres
Year Built
1958
MLS® Number
PW26178105
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 15 hours ago | Listing first seen on site | |
| 15 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1481
Land Lease
No
Levels
Two
Number Of Stories
2
Parking
AssignedTandem
Parking Spaces
12
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4008
Water Source
Public
Interior Features
Laundry Features
Common AreaLaundry Room
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Exterior Features
Lot Features
Level
Pool Features
None
Community Features
Building Access
1
Financing Terms Available
CashConventional1031 Exchange
MLS Area
9 - Poly High
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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