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12 Beds
6 Baths
4,008 sqft

$1,600,000

1868 Gardenia AVE, LONG BEACH CA, 90806

Price per sqft$399.20
Built in1958
Property size4,008 sqft
Property typeMulti-family

Overview

Active

Listed Aug 14, 2026

Updated 10 days ago

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
PW26178105MR

Interior Features

Bedrooms
12
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Maintenance Expense
$4,869

Listed by Stephen Jeong with Keller Williams Realty Irvine
Listing Contact: 714-309-2708 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Brian Maser | CA DRE# 1340306 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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