Property Details
About this Property
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!
MLS Listing Information
MLS #
CRSB24246968
MLS Source
California Regional MLS
Days on Site
17
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
License #: 01944770
Phone: (310) 491-7916
Co-Listing Agent
John Stiegler Ii
Lyon Stahl Investment Real Estate, Inc.
License #: 01981597
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1040 Gardenia is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,531 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1925. This address can also be written as 1040 Gardenia, Long Beach, CA 90813.
©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 12, 2024. For the most current information, please contact Stephen Takahashi, (310) 491-7916
