Skip main navigation
Sold for $1,000,000
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Stephen Takahashi • Contact: 310-403-9145
    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,000,000

    1040 Gardenia Ave, Long Beach, CA 90813

    4beds
    4baths
    3,568sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $984,900 Zestimate®
    $280/sqft
    $2,509 Estimated rent

    Home value

    $984,900

    $886,000 - $1.09M

    $2,509/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,509/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,509/mo

    Rent Zestimate®

    Refinance and save

    $6,423/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,423/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Step into a lucrative investment opportunity with this well-located and versatile quadruplex, offering four spacious one-bedroom units with the potential for easy conversion into two-bedroom or ADU possibilities. 2 out of 4 of the units have washer & dryer hookups. Spanning approximately 3,568 square feet of living space on a generous 6,531 square foot lot, this property seamlessly blends 1920s character with modern upgrades, making it an ideal choice for savvy investors or owner-occupants. Built in 1925, the property is zoned LBR2N and boasts recent enhancements to maximize tenant satisfaction and long-term value. The property has street to alley access points with detached garages for tenant storage space. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Whether you’re expanding your portfolio or seeking a high-potential investment in a robust rental market, 1040 Gardenia Ave delivers a perfect balance of charm, functionality, and financial opportunity. Don't miss out on this chance to capitalize on Long Beach’s thriving multi-family investment market!

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Takahashi DRE #01944770 310-403-9145,

    Lyon Stahl Investment Real Estate, Inc.,

    John Stiegler II DRE #01981597,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    John Stiegler II, DRE #01981597

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB24246968MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,568
    • Total interior livable area: 3,568 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,531 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 7267014005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Urban
    • Subdivision: Rose Park
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $341,497
    • Annual tax amount: $22,008
    • Date on market: 12/10/2024
    • Cumulative days on market: 21 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    6/6/2025Listing removed$2,000$1/sqft
    Source: CRMLS #PW25115677 Report a problem
    5/26/2025Price change$2,000-9.1%$1/sqft
    Source: CRMLS #PW25115677 Report a problem
    5/24/2025Listed for rent$2,200$1/sqft
    Source: CRMLS #PW25115677 Report a problem
    2/3/2025Sold$1,000,000+5.3%$280/sqft
    Source: CRMLS #SB24246968 Report a problem
    1/29/2025Pending sale$950,000$266/sqft
    Source: CRMLS #SB24246968 Report a problem
    12/10/2024Listed for sale$950,000+35.9%$266/sqft
    Source: CRMLS #SB24246968 Report a problem
    10/16/2008Listing removed$699,000$196/sqft
    Source: Listhub #R711206 Report a problem
    8/23/2008Listed for sale$699,000$196/sqft
    Source: Listhub #R711206 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,276 +4.6%$341,497 +2%
    2024$5,042 +1.8%$334,802 -25.9%
    2023$4,952 -18.9%$451,732 +2%
    2022$6,109 +2.4%$442,875 +2%
    2021$5,966 +31.4%$434,193 +39%
    2020$4,539 $312,260 +2%
    2019$4,539 +5.1%$306,138 +2%
    2018$4,318 $300,136 +2%
    2017$4,318 +1.1%$294,252 +2%
    2016$4,273 +7.8%$288,484 +1.5%
    2015$3,963 +4%$284,151 +2%
    2014$3,812 $278,586 +2.5%
    2012-- $271,892 +2%
    2011-- $266,562 +0.8%
    2010-- $264,571 -0.2%
    2009-- $265,201 +2%
    2008-- $260,002 +2%
    2007-- $254,905 +2%
    2006-- $249,908
    2005-- $249,908 +4%
    2004-- $240,206 +1.9%
    2003-- $235,805 +28.2%
    2002-- $184,000 +8.2%
    2000-- $170,000
    Find assessor info on the county website

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $984,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $984,900