About This Home

This 16-bedroom, 16-bathroom multi-family at 1025 Gaviota Avenue in Long Beach, CA is listed for $2,250,000. Built in 1987, on a 0.14 acres lot.

Key Features

  • Built in 1987
  • 0.14 acre lot
  • 3 stories
  • 12 parking spaces

Property Details

3 stories
16 full
12 spaces
1987
Listing Description

Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1988, this exceptionally 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!

Monthly Cost Estimate

$12,033/mo

20% down · 6.5% · 30 years

Principal$1,627
Interest$9,750
Insurance$656

Estimates only. Actual payments may vary.

Location

1025 Gaviota Avenue

Long Beach, CA 90813

Eastside (ES)

Property Details

Parking

Assigned

Questions & Answers

This 16-bedroom, 16-bathroom multi-family at 1025 Gaviota Avenue is listed at $2,250,000. The estimated monthly payment is $12,033 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1987, 0.14 acre lot, 3 stories, 12 parking spaces.

This property is listed by Bing Hou.

BH

Bing Hou

License 01026586

Agent at IRN Realty

Listed by IRN Realty · Broker phone: (626) 447-5100 · Broker website

MLS# AR26188327· Source: California Regional Multiple Listing Service, Inc· 50 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1025 Gaviota Avenue, Long Beach, CA 90813

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