Long Beach, CA 90813,1432 Gaviota Avenue
Long Beach, CA 90813,1432 Gaviota Avenue
Long Beach, CA 90813,1432 Gaviota Avenue
10
$1,600,000
$1,670,000
4.2%
Est.Price: ?

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6,532 Sqft Lot

1432 Gaviota Avenue Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 12/03/2025

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Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID PW25157783

Lot Size 6,532 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Now available in one of Long Beachs 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 $187,260 and an attractive 6.2% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. 4 of the units currently pay RUBS which generates $490/mo. Dont miss this chance to own a classic, income-producing property in a thriving Long Beach location.

Location

State CA

County Los Angeles

Zoning Assessor

Exterior

View Y/N No

Building

Story 1

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Cody Charnell Sage Real Estate Group, Inc.
Bought with Austin Carr Realty One Group United

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Del Raymond

Del Raymond

Agent | License ID: 01949132

+1(619) 572-9750

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