1432 Gaviota Avenue, Long Beach, CA 90813

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Glen Henderson

[email protected] +1(619) 889-7646

$1,670,000

Est. payment - /mo

6,532 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

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

Type of Financing Cash

Property 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

Direction North of Anaheim and West of Cherry

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7261015012

Acceptable Financing Cash

Listing Terms Cash

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Listed by Cody Charnell Sage Real Estate Group, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1432 Gaviota Avenue Long Beach, CA 90813

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information