Listed By:
Channy Chor with JohnHart Real Estate; 213-608-6408
Address
1083 Gaviota Avenue, Long Beach, CA
Price
$ 2,348,000
Property Attributes
  • MLS#PW26163436
  • TypeMulti-Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLong Beach
  • Area Downtown Area, Alamitos Beach
  • NeighborhoodAlamitos Beach (AB)
  • Zip90813
  • Style
  • Year Built1963
  • Price$ 2,348,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage7093
  • Lot Size0.1404 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
7/28/2026 Listed $2,348,000

General Features

Sewer Public Sewer
Garage Spaces 4
Pool Features None
Year Built 1963
Property Subtype Apartment
Gross Income 168600
Community Features Street Lights,Suburban,Sidewalks
County Los Angeles
Net Operating Income 163923
Operating Expense 4677
Insurance Expense 4677
New Construction false
Property Type Residential Income
Subdivision Name Alamitos Beach (AB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions In between E 11th St and E 10th St
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 9
MLS Area 4 - Downtown Area, Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 6114
Listing Terms Cash,Cash to New Loan,Conventional
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Apartment
PostalCity LONG BEACH

Interior Features

Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1

Exterior Features

Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 4
Lot Size Area 6114
Number of Buildings 1
Building Area Total 7093
Lot Size Acres 0.1404
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 9
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90813

Price
AVG $1.63M
$2.35M
Year Built
AVG 1932
1963

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