Listing provided courtesy of Cody Charnell of Sage Real Estate Group, Inc.. Last updated 2025-09-07 08:12:04.000000. Listing information © 2025 Sandicor.
Asking Price: $1,670,000 |
1432 Gaviota, Long Beach CA 90813
Community: 9 - Poly High
This Apartment property was built in 1923 and is priced at $1,670,000. Please see the additional details below.
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.
