Listing provided courtesy of Stephen Jeong of Keller Williams Realty Irvine. Last updated 2026-08-31 08:10:38.000000. Listing information © 2026 Sandicor.
Asking Price: $1,600,000 |
1868 Gardenia, Long Beach CA 90806
Community: 9 - Poly High
This Apartment property was built in 1958 and is priced at $1,600,000. Please see the additional details below.
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.
