1025 Gaviota Avenue Long Beach, CA $ 2,250,000
1025 Gaviota Avenue
$ 2,250,000
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1025 Gaviota Avenue

Long Beach, CA, 90813
$ 2,250,000
Baths2.0 Sq 7,000

Monthly Estimate*

$ 14,207

Listed by IRN Realty
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 1
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 2
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1025 Gaviota Avenue, Long Beach, CA 90813 - Image 4
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 5
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1025 Gaviota Avenue, Long Beach, CA 90813 - Image 7
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 8
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 9
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 10
1025 Gaviota Avenue, Long Beach, CA 90813 - Image 11
Studio

Multi-Family Home for sale in Long Beach, CA

for $2,250,000 with 2 full baths. This 7,000 square foot home was built in 1987 on a lot size of 0.1397.

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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Multi-Family Active

Price

$ 2,250,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1397

Year Built

1987

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

AR26188327

Days on Market

8

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1987
Tenant Pays Electricity Gas Trash Collection
Levels Three Or More
Property Subtype Apartment
Gross Income 6000
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 147418
Operating Expense 75110
Insurance Expense 9500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 8000
Subdivision Name Eastside (ES)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Anaheim to the north Cherry to the east
City Long Beach
Entry Location ground
Senior Community Y/N false
Number Of Units Total 9
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 6085
Carport Spaces 12
Carport Y/N true
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1200
Fuel Expense 1200
Trash Expense 900
Water Sewer Expense 9600
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 15744
Property Sub Type Additional Apartment
Taxes 30000
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Interior
Total Stories 3
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features Street Level
Water Source Public
Total Parking 12
Lot Size Area 6085
Number of Buildings 1
Building Area Total 7000
Lot Size Acres 0.1397
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
Irn Realty

Broker

binghou66@gmail.com

Email

Affordability Calculator

$14,207
Per Month
100%
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0%
Monthly Principal & Interest
$14,207
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$2,250,000 Listed Price

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1025 Gaviota Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,250,000 with 7,000 sqft and a lot size of 0.1397. 1025 Gaviota Avenue is a studio with 2.0 baths and was built in 1987. The property's zip code is 90813 which is in Long Beach, CA