811 Gardenia Avenue
$2,395,000
15
8
6,364
6,364
$376
Description
811 Gardenia is a well-positioned 7-unit asset located in Long Beach, California. The property is priced at a 5.58% cap and 12.0 GRM on current rents. Built in 1963, The asset has a strong unit mix comprised of (1) 6BD/2BA, (1) 4BD/1BA, (3) 3BD/1BA and (2) 2BD/1BA units. Most of the units have been partially upgraded with new floors, countertops, fixtures and paint. The property has four (4) garages and a laundry room providing additional income. New ownership also has the opportunity to convert...811 Gardenia is a well-positioned 7-unit asset located in Long Beach, California. The property is priced at a 5.58% cap and 12.0 GRM on current rents. Built in 1963, The asset has a strong unit mix comprised of (1) 6BD/2BA, (1) 4BD/1BA, (3) 3BD/1BA and (2) 2BD/1BA units. Most of the units have been partially upgraded with new floors, countertops, fixtures and paint. The property has four (4) garages and a laundry room providing additional income. New ownership also has the opportunity to convert garages to ADUs for increased income.
- Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916
Property Details for 811 Gardenia Avenue
Parking Spaces Total
4
Private PoolNo
Total Units7.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6364
Assessor Parcel Number7267-016-027
Property Attached YNtrue
LISTING UPDATED: 08/30/2024 02:34 AM
Property Details for 811 Gardenia Avenue
Status | Active |
---|---|
MLS # | PW23229475 |
Days on Market | 331 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.14 AC / 6,198 SF |
County | Los Angeles County |
Building Information for 811 Gardenia Avenue
Stories2Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,198 SF
Property Information for 811 Gardenia Avenue
Property History for 811 Gardenia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 811 Gardenia Avenue
Taxable ValueLand$1,420,146Additions$764,694Total$2,184,840
Tax Record2024$28,596 ($2,383 / month)
Home Facts
Total Finished SqFt6,364 SqFtAbove Grade Finished SqFt6,364 SqFtLot Size6,198 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLBR2NCountyLOS ANGELESAPN7267-016-027
Schools near 811 Gardenia Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Burbank Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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