1432 Gaviota Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1432 Gaviota Avenue,Long Beach, CA 90813
$1,670,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cody charnell
Office:sage real estate group, inc.
MLS#:PW25157783
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,670,000
About this home
Now available in one of Long Beachs most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross income of $187,260 and an attractive 6.2% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. 4 of the units currently pay RUBS which generates $490/mo. Dont miss this chance to own a classic, income-producing property in a thriving Long Beach location.
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Home facts
- Listing ID #:PW25157783
- Added:66 day(s) ago
- Updated:September 30, 2025 at 01:59 PM
Rooms and interior
- Total bathrooms:4
Finances and disclosures
- Price:$1,670,000
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