$1,600,000/mo

1868 Gardenia Avenue, Long Beach, CA 90806

  • 4,008 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon6,451sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $399/sqft
  • Property List Date Icon Listed 10 days ago

Property 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.

Listing Status:
Active
Date Added:
August 14, 2026
Data Last Updated:
August 24, 2026 at 7:17AM
Listing Office:
Keller Williams Realty Irvine : 949-861-8000
Listing Agent:
Stephen Jeong : 714-309-2708
Contact:
714-309-2708
MLS ID:
PW26178105
  • Laundry: Common AreaLaundry Room
  • Pool: None
  • Parking: AssignedTandemUncoveredParking spaces: 12
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 7216032004
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Stephen Jeong , Keller Williams Realty Irvine

Location

Similar Listings Nearby