Long Beach, CA 90813,1432 Gaviota Avenue
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Long Beach, CA 90813,1432 Gaviota Avenue
Long Beach, CA 90813,1432 Gaviota Avenue
Long Beach, CA 90813,1432 Gaviota Avenue
Long Beach, CA 90813,1432 Gaviota Avenue
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Listed by Cody J. Charnell • Sage Real Estate Group, Inc.
$ 1,670,000
Est. payment /mo
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1432 Gaviota Avenue Long Beach, CA 90813

3,616 SqFt


UPDATED:

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


agent

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

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1432 Gaviota Avenue