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Sold$1,600,000on Dec 3, 2025
1432 Gaviota Avenue, Long Beach, CA 90813
Sage Real Estate Group, Inc.
0Beds
4Baths
56Days Listed
About This Property
Now available in one of Long Beachs 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. Dont miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 0
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 56
- Cumulative Days on Market
- 57
- Original Price
- $1,670,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Long Beach Market Snapshot
587
Active Listings
$766K
Median Price
50
Avg Days on Market
Last updated: Dec 4, 2025
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Cody Charnell, Sage Real Estate Group, Inc. · 562-896-3851
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,670,000