$2,348,000
FOR SALEActive1083 Gaviota Avenue
Long Beach CA 90813
7,093
SF
Multi-Family
Type
1963
Built
$331/SF
Cost/SF
Listing Agent
Chanly Chor
DRE #: 02016701
Brokerage: JohnHart Real Estate
Location Analysis
About This Property
Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1404 acres
Lot Size
9
Total Units
7,093 SF
Square Footage
$331.03/SF
Price per SF
$164K
NOI
1,963
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
$163,923
NOI
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Closed commercial sales reported, newest first.
CRMLS
MLS# PW26150680
Listed:
Nalren refreshed:
Last updated
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Listed by: JohnHart Real Estate
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.