NOT LISTED FOR SALE

1119 Gardenia Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $1,575,000 - $1,598,774

8 Beds
8 Baths
4,065 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $1,535,000 $378 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,592 / mo

28 Days on Market

About This Home

As of April 2022

1119 Gardenia Avenue is a 8-unit multifamily investment opportunity located in the Hellman District of Long Beach. This value-add opportunity is located in an opportunity zone.

Last Agent to Sell the Property

Mike O’Neill

CB Richard Ellis, Inc. License #02036937 Listed on: 02/14/2022

Last Buyer's Agent

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,779 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,065 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Community Details

  • 3 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7261-030-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

7,779 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Living Area: 4065
  • Lot Acreage: 0.1786
  • Stories: 2
  • Year Built: 1931
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 381.30

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 62.86
  • Assessed Improvement Value: 211407
  • Assessed Land Percent: 37.14
  • Assessed Land Value: 124914
  • Total Assessed Value: 336321
  • Assessor Parcel Number: 7261-030-020
  • Lot Size Area: 7779

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.45
  • Number Of Units: 8
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 4, 2022
Sold by
Bought by
Seller's Agent
Mike O’Neill
CB Richard Ellis, Inc.
Buyer's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
List Price
$1,550,000
Sold Price
$1,535,000
Premium/Discount to List
-$15,000
-0.97%
Current Estimated Value
$1,586,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,887
Avg. Annual Appreciation
0.77%
Original Mortgage
$1,000,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cambodia Town, CA

  • Marvin Phillip Real Estate Agent - Y Realty

    Marvin Phillip

    Y Realty

    (562) 740-8346

    33 Total Sales

    2 in Cambodia Town

    $1,250,000 Price Range

    Marvin Phillip
     Section Image
  • Albert Soto Real Estate Agent - True Inmobiliaria

    Albert Soto

    True Inmobiliaria

    (657) 279-5316

    91 Total Sales

    1 in Cambodia Town

    $580,000 Price

    Albert Soto
     Section Image
  • Venny Saucedo Real Estate Agent - eXp Realty of Greater L.A

    Venny Saucedo

    eXp Realty of Greater L.A

    (424) 349-4410

    45 Total Sales

    1 in Cambodia Town

    $920,000 Price

    Venny Saucedo
     Section Image

  • GP

    Gavin Plotkin

    Responds Quickly

    VISMAR REAL ESTATE

    (562) 684-0092

    87 Total Sales

    1 in Cambodia Town

    $980,000 Price

    Gavin Plotkin
     Section Image
  • Charles Lee Real Estate Agent - One Group Realty

    Charles Lee

    Responds Quickly

    One Group Realty

    (657) 220-9861

    29 Total Sales

    2 in Cambodia Town

    $623K - $735K Price Range

    Charles Lee
     Section Image
  • Christine Morgan Real Estate Agent - Marterra Real Estate

    Christine Morgan

    Responds Quickly

    Marterra Real Estate

    (657) 279-5220

    147 Total Sales

    2 in Cambodia Town

    $1,250,000 Price Range

    Christine Morgan
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ticor Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,030,000
Closed $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $1,535,000 -1.0% $378 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $1,550,000 -- $381 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,252 $1,628,954 $1,061,208 $567,746
2024 $21,305 $1,597,014 $1,040,400 $556,614
2023 $25,823 $1,958,400 $1,326,000 $632,400
2022 $5,487 $343,047 $127,412 $215,635
2021 $5,339 $336,321 $124,914 $211,407
2019 $5,264 $326,348 $121,210 $205,138
2018 $5,022 $319,950 $118,834 $201,116
2016 $4,625 $307,527 $114,220 $193,307
2015 $4,463 $302,909 $112,505 $190,404
2014 $4,478 $296,977 $110,302 $186,675
Source: Public Records

Agents Affiliated with this Home

  • Mike O’Neill Real Estate Agent - CB Richard Ellis, Inc.

    Seller's Agent in 2022

    Mike O’Neill

    CB Richard Ellis, Inc.

    (949) 725-8500

    1 in this area

    57 Total Sales

    Mike O’Neill
    Section Image
  • Daniel Blackwell Real Estate Agent - CB Richard Ellis, Inc.

    Buyer's Agent in 2022

    Daniel Blackwell

    CB Richard Ellis, Inc.

    (949) 423-6111

    1 in this area

    48 Total Sales

    Daniel Blackwell
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-127735

The MLS

APN: 7261-030-020

California Los Angeles County Long Beach 90813 Cambodia Town

1119 Gardenia Ave, Long Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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