new - 7 days on rocket

1040 Gardenia, Long Beach, CA, 90813

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1040 Gardenia, Long Beach$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1925
MLS #SB24246968
Lot Size0.15 Acres
StatusActive

About 1040 Gardenia

Step into a lucrative investment opportunity with this well-located and versatile quadruplex, offering four spacious one-bedroom units with the potential for easy conversion into two-bedroom or ADU possibilities. 2 out of 4 of the units have washer & dryer hookups. Spanning approximately 3,568 square feet of living space on a generous 6,531 square foot lot, this property seamlessly blends 1920s character with modern upgrades, making it an ideal choice for savvy investors or owner-occupants. Built in 1925, the property is zoned LBR2N and boasts recent enhancements to maximize tenant satisfaction and long-term value. The property has street to alley access points with detached garages for tenant storage space. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Whether you’re expanding your portfolio or seeking a high-potential investment in a robust rental market, 1040 Gardenia Ave delivers a perfect balance of charm, functionality, and financial opportunity. Don't miss out on this chance to capitalize on Long Beach’s thriving multi-family investment market!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 403-9145
  • Listing Agent: Stephen Takahashi

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Take the 405S. Take exit Cherry S toward Signal Hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Long Beach, CA.

Map thumbnail provided by MapBox

Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

1040 Gardenia vs Long Beach

7 DAYS ON ROCKET

-28 Days

$950,000

+$124.8K More

KEY TAKEAWAY

This property is $124.8K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24246968

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 403-9145
  • Listing Agent: Stephen Takahashi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4331556
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-4331557
6
/10

  • Burbank Elementary School

  • 501 Junipero Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-4331558
4
/10

  • John G. Whittier Elementary School

  • 1761 Walnut Ave

  • 0.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,696. Most Long Beach, CA residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 Gardenia

What is the listing price of this property?

The listing price of 1040 Gardenia property is $950,000.

What type of property is this?

The property 1040 Gardenia is a condo located in Long Beach, California, 90813.

Is this property for sale now?

Active Listing: 1040 Gardenia is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1040 Gardenia is 1925.

Rocket Homes›California›Los Angeles County›Long Beach›90813›1040 Gardenia

This home is located at 1040 Gardenia in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1925, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $950,000.

Over 66 listings were sold over their listed price in November 2024 in Long Beach, CA. In the same period over 64 listings were sold below the listed price and 32 listings were sold for the listed price. In November 2024 in Long Beach, CA there were 10.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 35 days, the median list price was $825,128.

From Rocket Homes Real Estate and based on county public records data.

More Resources