$2,250,000
 $12,078 est/mo Sourced by Back At You

1025 Gaviota Avenue,Long Beach, CA 90813

Long Beach, CA 90813

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Description

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!

Details

MLS #AR26188327
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1987
Days On Site8
Listing Provided ByIRN Realty | Bing Hou

Features

SQ Feet7,000
Car PortYes
Story(s)3
Units9
Building(s)1
Acreage0.14

Exterior

Lot FeaturesStreet Level

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area3 Eastside | Circle Area
Community NameEastside (ES)
Listing VS Median (in Eastside (ES))
Price:
$2,250,000
low | high
Med:
$812,500
100% of Average
sqft:
7,000
low | high
Med:
691
100% of Average
$ / sqft:
$321
low | high
Med:
$1,206
100% of Average
On site:
8
low | high
Med:
80
10% of Average
Sourced by Back At You

Market Activity 90813

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area3 Eastside | Circle Area
Community NameEastside (ES)
Listing VS Median (in Eastside (ES))
Price:
$2,250,000
low | high
Med:
$812,500
100% of Average
sqft:
7,000
low | high
Med:
691
100% of Average
$ / sqft:
$321
low | high
Med:
$1,206
100% of Average
On site:
8
low | high
Med:
80
10% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.687M - $2.812M
sqft: 5,000 - 8,500
Nearby Listings Property ImageNearby Listings Details
1083 Gaviota Avenue Property Photo 1
$2,348,000
1083 Gaviota Avenue
Long Beach, CA 90813
1083 Gaviota Avenue Property Photo 1
$2,348,000
1083 Gaviota Avenue
Long Beach, CA 90813
Listing Updated: September 9, 2026 at 9:07:56 AM PDT