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Listed by: Cameron Samimi DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$3,650,000
6 Beds
- 4 Baths
--sqft
1850 Gardenia Ave, Long Beach, CA 90806
$3,650,000
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Apartment
Built in 1964
$-- HOA
12,887 sqft lot
--/sqft
Description
**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...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
12,887 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25119351
MLS Status
Active
Days on Market
190
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