$ 2,395,000
811 Gardenia Avenue Long Beach, CA 90813
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,395,000
Est. payment /mo
Active
811 Gardenia Avenue Long Beach, CA 90813
6,364 SqFt
UPDATED:
08/30/2024 05:07 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,364 sqft
Price per Sqft $376
MLS Listing ID CRPW23229475
HOA Y/N No
Year Built 1963
Lot Size 6,198 Sqft
Acres 0.14
Property 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.
Location
State CA
County Los Angeles
Area Listing
Zoning LBR2
Interior
Fireplace No
Laundry Laundry Room
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7267016027
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Robert Stepp • Keller Williams - Santa Monica
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