1040 Gardenia

Long Beach, CA 90813

$950,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1925

calendar_month Built

Property Description

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!

Listing Information

List Price $950,000
Status Active
MLS SB24246968
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1925
Lot Size 6,531
Structure Size N/A
DOM 9
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Stephen Takahashi DRE#01944770
Co-Listing Agent John Stiegler II DRE#01981597

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Stephen Takahashi, John Stiegler II, Lyon Stahl Investment Real Estate, Inc. 310.491.7916. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 10:00 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.