Overview
- Apartment
- 0
- 1964
Description
**Price Improvement November 2025! ** Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 7.14% CAP Rate and a 9.50 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. On-site Parking. 28 Total Parking, 10 in front and 9 tandem in rear
Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers,
and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this
property presents an excellent opportunity for investors seeking long-term growth and cash flow.
Address
Open on Google Maps- Address Gardenia
- City Long Beach
- State/county Los Angeles
- Zip/Postal Code 90806
Details
Updated on November 13, 2025 at 3:06 am- Property ID: HZSB25119351
- Price: $3,650,000
- Garage: 0
- Year Built: 1964
- Property Type: Apartment
- Property Status: ResidentialIncome
- Listed by: Cameron Samimi
- DRE #: 02035763
- Contact Mail: cameron@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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