1850 Gardenia Avenue, Long Beach, CA 90806 – CRSB25119351

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

$3,900,000

Est. payment - /mo

12,700 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,700 sqft

Price per Sqft $307

MLS Listing ID CRSB25119351

HOA Y/N No

Year Built 1964

Lot Size 0.296 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 6.05% CAP Rate and a 10.58 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers, and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this property presents an excellent opportunity for investors seeking long-term growth and cash flow.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Inside

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1850 Gardenia Avenue Long Beach, CA 90806

Sean Beattie Jr.

Key Details

Location

Interior

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