1040 Gardenia, Long Beach, CA 90813
Property
Sold February 2025
Listing Agent: Stephen Takahashi (DRE #01944770) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-403-9145 · Bought with: John Stiegler II · Lyon Stahl Investment Real Estate, Inc. · MLS #SB24246968 · Source: CRMLS
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!
Listing description from the February 2025 sale, as reported to CRMLS.
Sale history