1850 Gardenia Avenue, Long Beach, CA 90806

Local realty services provided by:ERA North Orange County Real Estate
1850 Gardenia Avenue,Long Beach, CA 90806
$3,650,000
  • - Beds
  • - Baths
  • 12,700 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25119351
Source:CRMLS

Price summary

  • Price:$3,650,000
  • Price per sq. ft.:$287.4

About this home

**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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1964
  • Listing ID #:SB25119351
  • Added:174 day(s) ago
  • Updated:November 20, 2025 at 02:18 PM

Rooms and interior

  • Living area:12,700 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:12,700 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,650,000
  • Price per sq. ft.:$287.4
Based on information from California Regional Multiple Listing Service, Inc. as of November 20, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 1850 Gardenia Avenue