Long Beach, CA 90813 1432 Gaviota Avenue
$1,670,000
5 more
Presented By: Cody Charnell with Sage Real Estate Group, Inc.; 562-896-3851
- MLS# PW25157783
- 07/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 1
Baths • 1
SQFT • 3,616
Home Details
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 $183,780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Presented By: Cody Charnell with Sage Real Estate Group, Inc.; 562-896-3851
Interior Features for 1432 Gaviota Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 1432 Gaviota Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.0
Carport Spaces0.0
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, Sidewalks
ContingencyNone
CoolingNone
CountyLos Angeles
DirectionsNorth of Anaheim and West of Cherry
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income183780.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense12000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet6532.0
Lot Size UnitsSquareFeet
MLS Area9 - Poly High
Maintenance Expense7500.0
MobileHomeRemainsYNNo
Net Operating Income100842.0
New ConstructionNo
Number Of Units Total10
Open Parking Spaces0.0
Operating Expense74499.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NamePoly High (PH)
Tax Lot10
Taxes$20,875
Tenant PaysSeeRemarks
Trash Expense0.0
Water Sewer Expense0.0
Year Built1923
Year Built SourceAssessor
ZoningLBR2N
Exterior for 1432 Gaviota Avenue
Building Area Total3616.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.15
Lot Size Area6532.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate