About 1868 Gardenia Avenue
An exceptional value-add opportunity in Long Beach, 1868 Gardenia Ave is a well-maintained 6-unit multifamily asset with no local rent control and subject only to statewide AB 1482 (5% + CPI). The property features an optimal unit mix of all 2-bedroom, 1-bathroom layouts, providing strong tenant demand and significant upside in rents. Recent improvements include new roof and fresh exterior paint. Rare for the area, the property includes 12 off-street parking spaces (two tandem spots per unit) maximizing tenant retention and rental rates. Positioned near key commuter routes, dining, and retail hubs, this property presents a compelling acquisition for investors seeking entry into one of Southern California's premier rental markets.
Features of 1868 Gardenia Avenue
| MLS® # | PW26178105 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Acres | 0.15 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1868 Gardenia Avenue |
|---|---|
| Area | 9 - Poly High |
| Subdivision | other |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90806 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Assigned, Tandem, Uncovered |
| Garages | Assigned, Tandem, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Level |
|---|
Additional Information
| Date Listed | August 14th, 2026 |
|---|---|
| Days on Market | 28 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Stephen Jeong |
|---|---|
| Office | Keller Williams Realty Irvine |