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6-Unit Apartment Building
For Sale
$1,600,000

1868 Gardenia Ave, Long Beach, CA 90806

Updated exterior and roof accompany a consistent two-bedroom, one-bathroom unit mix with dedicated off-street parking.

Property SizeContact for details
Days on Market44

Property Features for 1868 Gardenia Ave

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Multi-Family

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6
Parking per Unit 2
Listing Agency: Keller Williams Realty Irvine
Listed By: Stephen Jeong sj89@kw.com
Source: Findahomenorthcountysandiego
Added: Jul 27 Changed: Sep 2 Last Checked: Sep 8 at 8:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Irvine

Investment Insights

Based on property information with market context.

This 6-unit apartment property offers a uniform layout across the building, with every residence configured as a 2-bedroom, 1-bathroom unit. Recent capital improvements include a new roof and fresh exterior paint. The property also provides 12 off-street parking spaces, arranged as two tandem spaces for each unit.

Located in Long Beach, the property is positioned near commuter routes as well as dining and retail hubs. Local rent control does not apply; the property is subject to statewide AB 1482, including the 5% + CPI annual rent increase limit described in the property information.

Key Highlights

  • 6 apartment units, each with a 2‑bedroom, 1‑bathroom layout
  • New roof and fresh exterior paint
  • 12 off‑street parking spaces, with two tandem spaces per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Nursing Home Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,464
Businesses Nearby

Demographics for 90806, CA

41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated exterior and roof accompany a consistent two-bedroom, one-bathroom unit mix with dedicated off-street parking.
Where is this apartment building located?
The property is located at 1868 Gardenia Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6 apartment units, each with a 2‑bedroom, 1‑bathroom layout; New roof and fresh exterior paint; 12 off‑street parking spaces, with two tandem spaces per unit
More about this property
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