$2,395,000
Active
186 Days Online
0 Beds0 Baths6,364 SQFT
Active

811 Gardenia Avenue Long Beach, CA 90813

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811 Gardenia is a well-positioned 7-unit asset located in Long Beach, California. The property is priced at a 5.58% cap and 12.0 GRM on current rents. Built in 1963, The asset has a strong unit mix comprised of (1) 6BD/2BA, (1) 4BD/1BA, (3) 3BD/1BA and (2) 2BD/1BA units. Most of the units have been partially upgraded with new floors, countertops, fixtures and paint. The property has four (4) garages and a laundry room providing additional income. New ownership also has the opportunity to convert garages to ADUs for increased income.

  • Property TypeMulti-Family
  • NeighborhoodAlamitos Beach (Ab)
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site186 Days
  • MLS StatusActive
  • MLS ID NumberPW23229475
  • Home Size Source N/A
  • Year Built1963
  • Lot Size0.1423 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 4
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.1423
  • Water Public
  • Garage Spaces 4
  • Zoning LBR2N
  • Listing Conditions Standard

Interior Features

  • Laundry Features Individual Room

Exterior Features

  • Pool Features None
  • Lot 6-10 Units/ Acre

Community Features

  • Community Features Sidewalks
  • Senior Community No
  • MLS Area 4 - Downtown Area, Alamitos Beach

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Monthly Payment (Est.)

$12,580
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