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1025 Gaviota Avenue

Long Beach, CA 90813
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Bed 16

Bed

Bath 16

Bath

SqFt6,085

Sqft(Lot)

Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1987, this exceptionally updated, well-maintained, turn-key, three-story walk-up building offers approximately 7,000 rentable square feet featuring a strong unit mix of seven 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units. Select 2-bedroom residences enjoy private balconies and patios. Tenants benefit from a quiet, well-managed environment with gated intercom entry, security doors, and secured gated parking. Units are separately metered for gas and electricity. Convient location—just one block north of 10th Street and east of Walnut Avenue—close to shopping, dining, and transit. Fully occupied with stable, quality tenants and current rents well below market rates, this property offers an outstanding turn-key asset with immediate upside and massive cash flow growth potential!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 91106992

MLS Id : AR26188327

Beds : 16

Lot Size : 6,085 Sqft

Year Built : 1987

County : Los Angeles

Subdivision: Loxahatchee Acreage

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Feature Features

  • Building Information

    Year Built: 1987
    Building Area Total: 7000
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6085 Lot Size Acres: 0.1397 Lot Size Source: Assessor Lot Size Square Feet: 6,085 Lot Description: StreetLevel

    Property Information

    Subdivision: Eastside (ES) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: ThreeOrMore Property Age: 39

  • Listing Price Information

    Listing Price: $2250000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 7267011011 Tax Lot: 10

  • Location Information

    Direction: Anaheim to the north, Cherry to the east WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1083 Gaviota Avenue, Long Beach, CA, 90813 $2,348,000 18 10 -- 6,114 Sqft
1071 N Almond Court, Long Beach, CA, 90813 $888,000 8 5 -- 4,257 Sqft
753 Cerritos Avenue, Long Beach, CA, 90813 $2,900,000 18 18 -- 7,338 Sqft
1071 Olive, Long Beach, CA, 90813 $1,450,000 12 6 -- 6,517 Sqft
1136 Linden Avenue, Long Beach, CA, 90813 $1,630,000 3 -- -- 7,273 Sqft
1425 Cedar Avenue, Long Beach, CA, 90813 $2,045,000 3 2 -- 0.15 Acre

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ByOwner last updated this listing 09/11/2026 @ 02:35

MLS: AR26188327 LISTED BY: Bing Hou, IRN Realty 626-447-5100 SOURCE: CRMLS

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