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7,000 sqft

$2,250,000

1025 Gaviota Avenue, Long Beach CA, 90813

Price per sqft$321.43
Built in1987
Property size7,000 sqft
Property typeCondominium

Overview

Active

Listed Sep 9, 2026

Updated Sep 10

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!

$14,969/mo

Est. mortgage payment based on a $2,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26188327

Interior Features

Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Maintenance Expense
$8,000
55+/Senior Community
No

Also listed on CLAW

Listed by Bing Hou, IRN Realty, CA DRE 01026586

Listing Contact: 626-786-2143 

Based on information from the CRISNet MLS as of 9/10/2026, 6:38 AM UTC. 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. The 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.

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