1040 Gardenia

Long Beach, CA 90813

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,568 Sqft
  • 6531
    Sqft(Lot)
$950,000

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47986616

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1925
    • Building Area Total: 3,568

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1499
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 6531

  • Listing Price Information

    • Original List Price: 950,000
    • Listing Contract Date: 2024-11-26

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7267014005
    • Annual Tax: 22008.3

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Directions: Take the 405S. Take exit Cherry S toward Signal Hill.
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 99
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 11:32

  • MLS: SB24246968
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,568 sqft, 6,531 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90813, this Los Angeles County Home , it is in the Poly High (PH) Subdivision, are nearby neighborhoods.