1432 Gaviota Avenue, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1432 Gaviota Avenue,Long Beach, CA 90813
$1,670,000
  • - Beds
  • - Baths
  • 3,616 sq. ft.
  • Multi-family
  • Pending
Listed by: cody charnell
Office: sage real estate group, inc.
MLS#:PW25157783
Source:CRMLS

Price summary

  • Price:$1,670,000
  • Price per sq. ft.:$461.84

About this home

Now available in one of Long Beach’s 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. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.

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Home facts

  • Year built:1923
  • Listing ID #:PW25157783
  • Added:119 day(s) ago
  • Updated:November 11, 2025 at 08:51 AM

Rooms and interior

  • Living area:3,616 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:3,616 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,670,000
  • Price per sq. ft.:$461.84
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