1432 Gaviota Avenue
Long Beach, California 90813

Closed / MLS #PW25157783 / Multiple Family / Long Beach
Listing information updated 12/3/2025 at 5:42pm
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 $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. Don't miss this chance to own a classic, income-producing property in a thriving Long Beach location.

Listing Office: Sage Real Estate Group, Inc.

Disclaimer: 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. Information deemed reliable but not guaranteed. 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.

Map of 1432 Gaviota Avenue, Long Beach, CA 90813

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1432 Gaviota Avenue, Long Beach, CA 90813 is a multiple family which sold for $1,600,000. This multiple family has been listed on Christie's International Real Estate Sereno since July 14th, 2025 and was built in 1923.