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Image 1 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 2 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 3 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 4 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 5 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 6 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 7 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 8 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Image 9 - 1464 Gardenia Ave, Long Beach, California, 90813 - House for sale
Home For Sale In Long Beach, California
1464 Gardenia Ave, Long Beach, California, 90813

Home For Sale In Long Beach, California

house for sale
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Listed: 05/15/24

1464 Gardenia Ave, Long Beach, California, 90813

15 Bed:
8 Bath:
5,112 Sq Ft Living Area:
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Price
$ 2,25M

About This House

Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 5.8% and a GRM of 11.15 with an additional 8% in upside to a market cap rate of 6.5% and a10.30 GRM.Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the …  Full description

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In June 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $820,250, a decrease of 12.7% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of June 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.