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.
For sale
Listed by: Keller Williams Realty Irvine • Stephen Jeong • Contact: 714-309-2708
$1,600,000
1868 Gardenia Ave, Long Beach, CA 90806
12beds
6baths
4,008sqft
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$399/sqft
$-- HOA
What's special
- 2 days |
- 73 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Stephen Jeong DRE #01967125 714-309-2708,
Keller Williams Realty Irvine
Source: CRMLS,MLS#: PW26178105
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Appliances
- Laundry: Common Area, Laundry Room
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,008
- Total interior livable area: 4,008 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned, Tandem, Uncovered
- Uncovered spaces: 12
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,451 Square Feet
- Features: Level
Details
- Parcel number: 7216032004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
- Subdivision: Other
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $399/sqft
- Date on market: 8/14/2026
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 9650
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $1,600,000$399/sqft |
Source:  CRMLS #PW26178105 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Poly High District
Nearby schools
GreatSchools rating
- 9/10Alvarado Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Jessie Nelson AcademyGrades: 6-8Distance: 0.1 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.9 mi
- $--2 bd1 ba550 sqft1868 Gardenia Ave APT 5, Long Beach, CA 90806Off Market
- $745,3002 bd2 ba2.3k sqft1874 Gardenia Ave, Long Beach, CA 90806Off Market
- $--1 bd1 ba605 sqft1850 Gardenia Ave #7, Long Beach, CA 90806Off Market
- $--2 bd1 ba823 sqft1850 Gardenia Ave APT 4, Long Beach, CA 90806Off Market
- $--2 bd1 ba850 sqft1850 Gardenia Ave #15, Long Beach, CA 90806Off Market
- $--2 bd1 ba823 sqft1850 Gardenia Ave #5, Long Beach, CA 90806Off Market
- $--1 bd1 ba360 sqft1877 Gardenia Ave, Long Beach, CA 90806Off Market
- $1,149,5008 bd8 ba3.6k sqft1882 Gardenia Ave, Long Beach, CA 90806Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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