Sq.Ft. Lot13,015
Year1971
The Oriana Shea Group
(562) 270-1775
Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:WS22178547
On Site:485 Days
Lot Size:13,015 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:YVONNE MATLOFF
Office:Tse Realty & Management Servic
Broker Phone:626-823-8303
1459-1465 Gardenia Ave consists on two buildings. Total eights large units with four four bedrooms/two baths and four three bedrooms/one bath. All rents are current. Long term tenants. Gated property with private garden area. Newer roof and paint. Great for 1031 exchange or investment. Broker/agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, school district and other information concerning the condition or features of the property. Buyer/agent are advised to verify the accuracy of all informations.
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Community Information
Address:1459 Gardenia Ave, Long Beach, CA 90813
Area:9 - Poly High
County:Los Angeles
City:Long Beach
Subdivision:Poly High (Ph)
Zip Code:90813
Architecture
Year Built:1971
Building Area: 8790.0
Number of Buildings: 2
Total Units: 8
Unit 1: 1 Unit • 4 Beds • 2 Baths • Unfurnished • $2,107 actual rent • $2,107 total rent • $2,650 pro forma
Unit 2: 1 Unit • 4 Beds • 2 Baths • Unfurnished • $2,066 actual rent • $2,066 total rent • $2,650 pro forma
Unit 3: 1 Unit • 4 Beds • 2 Baths • Unfurnished • $2,450 actual rent • $2,450 total rent • $2,650 pro forma
Unit 4: 1 Unit • 4 Beds • 2 Baths • Unfurnished • $2,095 actual rent • $2,095 total rent • $2,650 pro forma
Unit 5: 1 Unit • 3 Beds • 1 Bath • Unfurnished • $2,359 actual rent • $2,359 total rent • $2,400 pro forma
Unit 6: 1 Unit • 3 Beds • 1 Bath • Unfurnished • $2,015 actual rent • $2,015 total rent • $2,400 pro forma
Unit 7: 1 Unit • 3 Beds • 1 Bath • Unfurnished • $2,015 actual rent • $2,015 total rent • $2,400 pro forma
Unit 8: 1 Unit • 3 Beds • 1 Bath • Unfurnished • $2,015 actual rent • $2,015 total rent • $2,400 pro forma
Garage Spaces: 7.0
Carport Spaces: 3.0
Features / Amenities
Laundry: Common Area
Common Walls: No Common Walls
Parking Total: 10.0
Property Features
Lot Size:
0.3 Acres / 13,015 Sq. Ft.
Sewer: Public Sewer
Water: Public
Directions:North of E. Anaheim Street
Tax and Financial Info
Cap Rate: 4.32
Gross Income: $205,440
Gross Scheduled Income: $205,440
Net Operating Income: $149,111
Gardener Expense: $1,200
Insurance Expense: $4,000
Maintenance Expense: $3,000
New Taxes Expense: $41,500
Trash Expense: $1,436
Water/Sewer Expense: $4,535
Operating Expense: $56,329
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1459 Gardenia Ave Long Beach, CA 90813
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Based on information from California Regional Multiple Listing Service, Inc. as of December 9, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
