14
See all 14 photos
$2,950,000
Est. payment /mo
2 Beds
2 Baths
6,728 Sqft Lot
New
755 Gaviota Avenue Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26102404
Bedrooms 2
Lot Size 6,728 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction North of 7th Street and West of Cherry Avenue
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 7267028030
Listed by Rick Applebaum, DRE#01273871 Morgan Skenderian
NEARBY SCHOOL & BUSINESS
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