For Sale
811 Gardenia Avenue, Long Beach, CA 90813
Overview
Property ID: SGR-20317463
- Residential Income
- 4.00
- 1963
Description
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.
Address
Open on Google Maps- Address 811 Gardenia Avenue
- City Long Beach
- State/county CA
- Zip/Postal Code 90813
- Area 4 - Downtown Area, Alamitos Beach
- Country United States
Details
Updated on December 23, 2023 at 1:24 am- Property ID: SGR-20317463
- Price: $2,395,000
- Land Area: 6198.00 m²
- Garages: 4.00
- Year Built: 1963
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 6364.00
- MLS#: PW23229475
- Office Name: KELLER WILLIAMS - SANTA MONICA
- Agent Name: Robert Stepp
- MLS Status: Active
- Living Area Prefix: Sqft
- Agent State License: 01456379
- IDX Contact Info: 310-463-2916
Additional details
- Sewer: Public Sewer
- County: Los Angeles
- Property SubType: Commercial/Residential
- Parking: 4.00
- Water Source: Public
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