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Listed by: Bing Hou (626) 786-2143 DRE #01026586 | IRN Realty (626) 447-5100
$2,250,000
Monthly Est:$11,199
16 Beds
16 Baths
7,000sqft
1025 Gaviota Ave, Long Beach, CA 90813
$2,250,000
$11,199/moEst:
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Apartment
Built in 1987
$-- HOA
6,085 sqft lot
$321/sq.ft
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!
- Houzeo last checked: 3 hours ago
- Listing updated: September 9, 2026 at 4:51 pm
- Source: California Regional MLS-CA | MLS#: AR26188327
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
7,000 sqft
Lot Size
6,085 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26188327
MLS Status
Active
Days on Market
30
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 16
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Common Area
Parking Features
Assigned
Pool Features
None
Other Features
Tenant Pays
Electricity, Gas, Trash Collection
Community Features
Curbs, Sidewalks
Lot Features
Street Level
Subdivision Name
Eastside (es)
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: | Listed for Sale | $2,250,000 +9.76% $321/sqft |
11/14/2018 Source: | Sold | $2,050,000 $293/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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