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811 Gardenia Avenue

Long Beach, CA 90813

– beds
– baths
– sqft
6,198 sqft lot
1963 build
– on site

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.

Listed By CRMLS_CA / Robert Stepp / Keller Williams - Santa Monica / 310-463-2916

Last checked: Checking… • Last updated Aug 31, 2024 •

MLS# PW23229475 —

The Building

Year Built:

1963
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

6364.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

7
Stories Total:

2
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

Two
Entry Location:

1
Laundry:

Individual Room
Laundry:

1

Location

Directions:

E 7th St
Latitude:

33.77743900
Longitude:

-118.16904200

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LBR2N
Lot Features:

6-10 Units/Acre
Lot Size Area:

6198.0000
Lot Size Acres:

0.1423
Lot Size SqFt:

6198.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5764.03
Tax Tract:

2983
Tax Lot:

14

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7267016027

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Alamitos Beach (AB)
Subdivision:

Alamitos Beach (AB)
Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price
12/22/23 Dec 22, 2023	Listed / Active	CRMLS_CA	$2,395,000
11/8/22 Nov 8, 2022	Price Changed	CRMLS_CA
10/12/22 Oct 12, 2022	Listed / Active	CRMLS_CA

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This multifamily located in Hellman, Long Beach, CA 90813 is currently for sale for $2,395,000. 811 Gardenia Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 338 days. 811 Gardenia Avenue is in the Hellman neighborhood of Long Beach and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Polytechnic High School, Franklin Classical Middle School, and Burbank Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of 15:28 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.