$2,395,000
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811 Gardenia Avenue Long Beach, CA 90813
Mixed Use
Residence
Beds
Baths
6,364
Sq. Ft.
0.14
Acre
Lot
Property Activity
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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.
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MLS#
PW23229475
Property Type
Mixed Use
Status
Year Built
1963
Square Feet
6,364
sq. ft
Lot Size
0.14
Stories
2.0
Sewer
Public Sewer
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