1850 Gardenia Avenue, Long Beach, CA 90806 - Berkshire Hathaway HomeServices California Properties

1850 Gardenia Avenue, Long Beach, CA 90806

$3,900,000 Approx. USD 0 beds, 0 baths

Listing Agent


Cameron Samimi | cameron@lyonstahl.com
Lic#: 02035763
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 6.05% CAP Rate and a 10.58 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. 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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SB25119351
Price: $3,900,000
Beds: 0
Baths: 0
Built in 1964
0.30 acres
Lot size: 0.2958
County: Los Angeles
Zoning: LBR3S
Parking description: Assigned
Lot description: ZeroToOneUnitAcre
MLS area: 699 - Not Defined

Last Updated: 5/30/2025

 Days On Market (DOM): 25

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.790899, -118.168421.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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