For sale
  • Listing Provided by: 

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    $1,670,000

    1432 Gaviota Ave, Long Beach, CA 90813

    1beds
    10baths
    3,616sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $1,606,200 Zestimate®
    $462/sqft
    $-- HOA

    What's special

    On-site laundry room
    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.
    26 days
    on Zillow
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    232
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