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.

Based on information submitted to CRMLS as of August 25, 2026 2:23 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 1868 Gardenia Avenue

Property Details

Basic Information

Building

Location

Interior Features

Laundry

Utilities and Appliances

Utilities and Appliances

Community

Area

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Luxury Malibu Property | Pinnacle Estate Properties Malibu