5846 Gardenia Avenue, Long Beach, CA 90805

$900,000
List Price
$900,000
Status
ACTIVE
MLS#
OC25188423
Year Built
1946
Lot Size
4,805
Acres
0.11
Lot Location
Front Yard, Lawn, Level, Rectangular Lot, Street Level, Yard
Days on Market
15
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
North Long Beach (Nlb)

Property Description

Great investment opportunity! Two small houses on one lot, approximately 800 sqft each, 2 bed 1 bath each. Wonderful for multi-generational living, or live in one and rent out the other, or purely as income property. Both properties are fully enclosed by fences with gates, and are accessible in the front on Gardenia and in the back from an alley. The front house faces Gardenia, with a large front yard and a long concrete driveway that will fit at least two cars. The rear house faces to the side, with a smaller front yard and an additional side yard. The back house has parking for two cars in the rear with alley access. There is a fence with sliding gate that goes across the entire back of the property. Next to the parking area is a detached 2 car garage, which could possibly be converted into a third unit, either by building out the garage itself, or adding a second story. Currently the property has parking for at least 6 cars, all off-street and behind gates. The front house has an upgraded kitchen and bath, and has been freshly painted inside. Don't miss this great investment opportunity!

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$57,000
Operating Expense
1000

Listing courtesy of Listing Agent: Val Montefu (valmontefu@gmail.com) from Listing Office: Landmark Realtors.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.