1432 Gaviota Avenue, Long Beach, CA 90813

0 beds 0 baths 6,532 sq.ft.

Offerered at: $1,670,000.00

Project/Tract: Poly High (PH)
County: Los Angeles
Year Built: 1923
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active