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$1,600,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 days ago
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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.

Full Property Details for 1868 Gardenia Ave

General

  • Price: $1,600,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26178105
  • Updated: 8/14/2026
  • Days on Market: 14 days
  • Added to Site: 14 day(s) ago

Rooms

Other Rooms

  • Laundry: Individual Room, Community

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned, Tandem Uncovered
  • Parking: Assigned, Tandem Uncovered

Location

  • Area: 9 - Poly High
  • County: Los Angeles
  • Development Name: 9 - Poly High
  • Driving Directions: CLA

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,008
  • Year Built: 1958

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1481
  • Lot Size (Sq. Ft.): 6,451
  • Lot Size Source: Assessor
  • Lot Description: Level

Financial Considerations

  • Price Per Sq. Ft.: $399.2
  • Price Per Unit: 266667

Listed by Keller Williams Realty Irvine, Stephen Jeong

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Listing agent

— 1868 Gardenia Ave —

  • Stephen Jeong

    Keller Williams Realty Irvine

714-309-2708

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1868 Gardenia Ave

School District:Long Beach Unified School District
NameGradesDistance
Alvarado Elementary School
1400 East 20th Street, Long Beach, CA 90806
K-50.4 mi
Jessie Nelson Academy
1951 Cherry Avenue, Signal Hill, CA 90755
6-80.1 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1868 Gardenia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$1,600,000
791.36%
MLS
9/19/1997
Sold
$179,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1868 Gardenia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,944
—
$292,324
2%
2025
$4,944
7%
$286,593
4%
2023
$4,621
6%
$275,706
2%
2022
$4,368
3%
$270,305
2%
2021
$4,247
—
$265,011
1%
2020
$4,235
1%
$262,297
2%
2019
$4,187
5%
$256,920
2%
2018
$3,976
1%
$251,883
2%
2017
$3,933
8%
$246,945
2%
2016
$3,653
4%
$242,103
2%
2015
$3,525
—
$238,467
2%
2014
$3,536
3%
$233,797
—
2013
$3,440
—
$232,741
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty Irvine, Stephen Jeong

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1868 Gardenia Avenue, Long Beach, CA 90806 (MLS# PW26178105) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1868 Gardenia Avenue is currently listed for $1,600,000 and was received on August 14, 2026. Want to learn more about 1868 Gardenia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.

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