1868 Gardenia Avenue Long Beach, CA ^$ 1,600,000

1868 Gardenia Avenue

^$ 1,600,000

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Recently Listed

1868 Gardenia Avenue

Long Beach, CA, 90806

^$ 1,600,000

Studio Baths1.0 Sq 4,008

Monthly Estimate*

^$ 10,103

Listed by Keller Williams Realty Irvine

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 1

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1868 Gardenia Avenue, Long Beach, CA 90806 - Image 3

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 4

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 5

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 6

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 7

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 8

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 9

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 10

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 11

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 12

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 13

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 14

1868 Gardenia Avenue, Long Beach, CA 90806 - Image 15

Studio

Multi-Family Home for sale in Long Beach, CA

for $1,600,000 with 1 full bath. This 4,008 square foot home was built in 1958 on a lot size of 0.1481.

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.

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1481

Year Built

1958

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26178105

Days on Market

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1958

Tenant Pays Electricity Gas

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 115800

Community Features Urban

County Los Angeles

Net Operating Income 92173

Operating Expense 23627

Insurance Expense 10258

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 4869

Subdivision Name other

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions CLA

City Long Beach

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 12

Number Of Units Total 6

MLS Area 9 - Poly High

Lot Size Units Square Feet

Lot Size Square Feet 6451

Number of Units Leased 6

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 300

Trash Expense 1800

Water Sewer Expense 4300

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 4

Total Actual Rent 9650

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area Laundry Room

Entry Level 1

Exterior

Parking Features Assigned Tandem Uncovered

Lot Features Level

Water Source Public

Total Parking 12

Lot Size Area 6451

Number of Buildings 1

Building Area Total 4008

Lot Size Acres 0.1481

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Keller Williams Realty Irvine

Broker

sj89@kw.com

Affordability Calculator

$10,103

Per Month

Monthly Principal & Interest: $10,103
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,938,888

Percent of Sale Price 21%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2026	$1,600,000		Listed Price

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1868 Gardenia Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,600,000 with 4,008 sqft and a lot size of 0.1481. 1868 Gardenia Avenue is a studio with 1.0 baths and was built in 1958. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/25/2026. 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.

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1868 Gardenia Avenue

Multi-Family Home for sale in Long Beach, CA

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