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Listed by: Stephen Jeong (714) 309-2708 DRE #01967125 | Keller Williams Realty Irvine (949) 861-8000
$1,600,000
Monthly Est:$7,964
12 Beds
6 Baths
4,008sqft
1868 Gardenia Ave, Long Beach, CA 90806
$1,600,000
$7,964/moEst:
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Apartment
Built in 1958
$-- HOA
6,451 sqft lot
$399/sq.ft
Description
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.
- Houzeo last checked: 29 minutes ago
- Listing updated: August 14, 2026 at 10:02 am
- Source: California Regional MLS-CA | MLS#: PW26178105
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
4,008 sqft
Lot Size
6,451 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26178105
MLS Status
Active
Days on Market
56
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Common Area, Laundry Room
Pool Features
None
Parking Features
Assigned, Tandem, Uncovered
Other Features
Community Features
Urban
Tenant Pays
Electricity, Gas
Lot Features
Level
Subdivision Name
Other
Price History
| Date | Event | Price |
|---|---|---|
08/14/2026 Source: | Listed for Sale | $1,600,000 $399/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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