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$2,395,000

Beds
Unknown
sq ft
6,364

811 Gardenia Ave, Long Beach, CA 90813

811 Gardenia Ave

Long Beach, CA 90813

  • 281 days on market
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.

Details

Property type

Mixed Use

Lot size

6,198 sq ft

Price per sq ft

$377

Year built

1963

Price History

12/22/2023
CRMLS

CRMLS #PW23229475

Listed
$2,395,000

Schools & Community

Neighborhood: 

Hellman

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 09/27/2024 at 7:15 PM

Listing updated: 08/30/2024 at 9:35 AM

Listed by: Robert Stepp, Keller Williams - Santa Monica Phone #: (310) 482-2200

MLS: CRMLS #PW23229475

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