1040 Gardenia
Long Beach, CA 90813
- 4 beds
- – baths
- 3,568 sqft
- 6,531 sqft lot
- $266 per sqft
- 1925 build
- – on site
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!
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Last updated Dec 18, 2024
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MLS# CRSB24246968 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1925
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Building Area Units:Square Feet
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Building Area Total:3568
Room Dimensions
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Living Area:3568
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Living Area Units:Square Feet
Location
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Directions:Take the 405S. Take exit Cherry S toward Signal Hi
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:7267014005
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Lot Features:Other
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6531
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 491-7916
Beds
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Bedrooms Total:4
The Listing
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Listing TermsCash
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/10/24
Dec 10, 2024
|
Listed / Active | BRIDGE | $950,000 |
