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1464 Gardenia Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
8 Units
Investment Highlights
- High yield, low expense property at an in-place cap rate of 6.2%
- 100% of units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting
- Totally remodeled turnkey 8-unit property in a high demand rental area
Property Facts
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 5,112 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Zoning | R2N, Long Beach | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,112 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | R2N, Long Beach |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Stainless Steel Appliances
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 5 | - | - |
| 3+1 | 1 | - | - |
Property Taxes
| Parcel Number | 7261-017-011 | Improvements Assessment | $636,724 |
| Land Assessment | $1,061,208 | Total Assessment | $1,697,932 |
Property Taxes
Parcel Number
7261-017-011
Land Assessment
$1,061,208
Improvements Assessment
$636,724
Total Assessment
$1,697,932
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