1432 Gaviota Avenue new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,616 sqft
Price per Sqft $461
Subdivision Poly High
MLS Listing ID PW-25157783
Year Built 1923
Lot Size 6,532 Sqft
Property Sub-Type Apartment
Property Description
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 $183,780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don't miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR2N
Interior
Heating Wall Furnace
Laundry Common Area
Exterior
Parking Features None
Pool None
Community Features Curbs,Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer