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Listed by Keller Williams Realty Irvine, Stephen Jeong, Listing Contact: 714-309-2708 
8 Beds
4 Baths

$1,600,000

1868 Gardenia Avenue, Long Beach CA, 90806

Property typeMulti-family

Overview

Active

Listed Aug 14, 2026

Updated Aug 15

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.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26178105

Interior Features

Bedrooms
8
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.15 Acres

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Data last updated 4:07 AM UTC, 8/15/2026

   

 

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