Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW25157783
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Cooling
None
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1432 Gaviota Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,532 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,670,000 and was built in 1923. This address can also be written as 1432 Gaviota Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Cody Charnell, (562) 896-3851
