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1025 Gaviota Ave , Long Beach, CA 90813
$2,250,000
Est. Payment: $11,917.48/mo
16 Bed
16 Bath
7000 Sqft
Status: Active | Days on site: 14
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3129 - A38081
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Chris Heller
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House Description

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!
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Highlights

Listed by Bing Hou , 626-786-2143 IRN Realty , 626-447-5100. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1987

County

Los Angeles

Area

3 - Eastside, Circle Area

 Neighborhood

Eastside (ES)

Listing ID

AR26188327

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:16
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Street Level,No Land Lease
Garage Capacity:12
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$11,917
Taxes
$1,434

Home Price

$2,250,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,917.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,917.48 $1,434.38 $0.00 $13,351.85
Yearly $143,009.70 $17,212.50 $0.00 $160,222.20
Total $4,290,291.10 $516,375.00 $0.00 $4,806,666.10

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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