1850 Gardenia Ave, Long Beach, CA 90806 | Off-Market

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 12,887 Sq Ft
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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 Long Beach, this

property presents an excellent opportunity for investors seeking long-term growth and cash flow.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $3,650,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
APN # 7216032020
MLS # SB25119351
Property ID 294286168
Lot Sqft 12,887
Zoning LBR3S
Total Units 17
Date Updated November 12, 2025
Date Created May 27, 2025

Listing Provided By

Cameron Samimi an agent of . Lic #02035763


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 12, 2025 The 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.



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