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
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25119351
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,650,000
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.
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Home facts
- Listing ID #:SB25119351
- Added:222 day(s) ago
- Updated:January 06, 2026 at 02:47 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$3,650,000
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