1083 Gaviota Avenue

Long Beach , CA 90813

MLS#: PW25143605

$2,500,000

Status: Active
Listing number: PW25143605
Listing provided by: JohnHart Real Estate
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Alamitos Beach (AB) - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1963

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    5

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1404

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Channy Chor , JohnHart Real Estate

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

1083 Gaviota Avenue

Message successfully sent.

What would you like to know?

Related Properties

New on site today
PRICED TO SELL TODAY!! HUGE UNITS!! SQ. FT. OVER 10,000!! FIRST TIME BEING SOLD IN 23 YEARS! 12 UNITS IN EAST SIDE LONG BEACH. $220/ DOOR CONSISTING OF 7- 2 BED/1 BATH UNITS AND 5- BED/1 BATH UNITS. 6 GARAGES! ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY OWNER. POTENTIAL TO BE AN 8 CAP AND 9 X GROSS! CASH FLOWING FROM DAY 1! INDIVIDUALLY METERED FOR GAS AND ELECTRIC. UPSIDE IN RENTS. 3 UNITS JUST REMODELED WITH ALL NEW KITCHENS, BATHROOMS, FLOORING , TILE AND MORE. 7 BLOCKS TO THE BEACH, 5 MINUTES TO CSULB AND RESTAURANTS AND SHOPPING! GREAT RENTAL MARKET!! SOMEONE IS GOING TO GET A GREAT DEAL ON THIS PROPERTY!
#PW25185834

Long Beach

1271 E 7th Street

None Beds

None Baths

10,113 Sq.Ft.

$2,625,000

MLS#: PW25185834

New on site 3 days ago
This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.
#OC25184469

Long Beach

1675 Loma Avenue 1-7

None Beds

None Baths

7,208 Sq.Ft.

$2,050,000

MLS#: OC25184469

Present All Offers! We are pleased to present a 10 unit investment opportunity located at 1700 Pacific Ave in Long Beach. All major systems have been redone, including new electric (main and sub panels), ABS plumbing systems, new vinyl windows, and the roof is in great condition as well. At a current 5.44% Cap Rate, and 11.2 GRM with upside to a 7.01% Cap Rate and 9.5 GRM, this is priced attractively & below the area average. In addition to all of the major improvements to the property, the tenants benefit from a rear roof deck, onsite laundry room (hookups with no machines), as well as onsite parking. There is ample retail and dining options nearby, and being located just off Pacific Coast Hwy, the central location allows for easy commute to downtown, the beach, and easy access to 710/405 Freeways. The property is also steps away from numerous new construction apartment buildings, retail centers, the $176 million reconstruction of Washington Middle School’s five-acre campus & the $450 million Poly High School campus renovation. In addition to the 27% upside in Net Operating Income, there is even more opportunity with the potential to convert the existing garage and rear parking area + roof deck into ADUs. One can reasonably get an additional 4+ units onsite for additional income and equity growth.
#PW25182296

Long Beach

1700 Pacific Avenue

None Beds

None Baths

6,423 Sq.Ft.

$2,145,000

MLS#: PW25182296

Located in the downtown area. Property has newer roof, six units have been refurbished, new electric circuit breakers, the upstairs pathway balcony deck are in great shape. The complex is near the beach, restaurants, shops, public transportation, bike paths, and central downtown. The complex has 4 car garages and one storage garage. plus, the complex is gated. Pictures show units 4, 5 and 7.
#SB25171143

Long Beach

1004 E 5th Street

None Beds

None Baths

7,122 Sq.Ft.

$2,200,000

MLS#: SB25171143

615 Cerritos Ave presents a rare opportunity to acquire a well-maintained multifamily property in one of Long Beach’s most desirable rental markets. Close Proximity to Retro Row and the East Village Arts District, this clean 8 unit building features all large 2-bed/1-bath units with excellent layouts and strong tenant appeal. One unit will be delivered rent-ready, offering immediate income upside or owner-user potential. The building has received several recent upgrades, including a new roof (2019, resealed 2025), 100-amp main panels, and subpanel upgrades in each unit, to be completed by August 4th. The property also boasts fresh exterior paint, new gutters, and sits on a quiet street just steps from Franklin Middle School and the Museum of Latin American Art. Additional value-add potential exists with garage ADU conversion possibilities, and two rear storage/laundry rooms currently not in use. With no tuck-under parking, the property avoids seismic retrofit requirements, making it easy to own and low maintenance. With Long Beach preparing to host several Olympic competitions in 2028, the city is poised for international attention and long-term economic growth. This global spotlight, combined with ongoing infrastructure improvements and civic investment, makes Long Beach an increasingly attractive market for real estate investors.
#SB25166797

Long Beach

615 Cerritos Avenue

None Beds

None Baths

6,144 Sq.Ft.

$2,150,000

MLS#: SB25166797

3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization. The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It includes 20 total parking spaces, a nice feature in this dense rental pocket. Built in 1952, the asset delivers immediate cash flow with a strong in-place 5.95% CAP and 10.79 GRM. Market projections indicate further upside, with a 7.75% market CAP and 8.96 GRM achievable through modest rent increases. Priced at just $255,000 per unit, the offering presents an attractive cost basis with room for growth. Centrally located with quick access to the 91 and 710 freeways, 3301 E Artesia Blvd is well-positioned to benefit from Long Beach’s continued growth in population, infrastructure, and housing demand. For investors seeking day-one income with long-term upside potential, this is a valuable opportunity in a high-demand rental corridor.
#PW25163975

Long Beach

3301 E Artesia Boulevard

None Beds

None Baths

7,034 Sq.Ft.

$2,300,000

MLS#: PW25163975

Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just nine minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market
#DW25162594

Long Beach

833 Cedar Avenue

None Beds

None Baths

6,494 Sq.Ft.

$2,050,000

MLS#: DW25162594

1425 Cedar Avenue is a 10- unit apartment asset located in the Washington District of Long Beach. The value-add opportunity is priced at 10.57 GRM and 6% Cap Rate at current rents and 7.76 GRM and a 9.16% Cap Rate at market rents. In addition to the 32% of rental upside, a buyer has the ability to add four (4) studio ADU’s to the back garages. ADU plans are ready to be submitted to the city of Long Beach for approval. After ADU construction, the GRM projects to be 6.06 with a Cap Rate above 11%. The current property is comprised of (8) 1 Bed/1Bath units and (2) 2 Bed/1 Bath units with some units lightly renovated with new flooring and updated kitchen and bathrooms. With a Walk Score of 84, the property is ideally positioned for tenant convenience, offering close proximity to a wide range of amenities, including shops, restaurants, and entertainment venues. Directly across the street is Washington Middle School, which is currently undergoing a massive $176 million reconstruction project that will further improve its vibrant neighborhood. 1425 Cedar Avenue offers investors a well-maintained asset with upside in an infill location experiencing continued growth and revitalization.
#PW25151840

Long Beach

1425 Cedar Avenue

None Beds

None Baths

6,222 Sq.Ft.

$2,195,000

MLS#: PW25151840

HIGHLY SOUGHT-AFTER BEACH LOCATION in Beautiful Belmont Shore. 24 Roswell Avenue presents an exceptional opportunity to own a charming 5-unit multifamily property just steps from the sand in the heart of Belmont Shore. Featuring a desirable mix of (3) one-bedroom, one-bath units and (2) studio units, this property offers a perfect blend of beachside tranquility and urban convenience. Unbeatable Location: Walk to the beach, Veterans Pier, top-rated restaurants, shopping, and entertainment. Rare Parking Amenities: Includes seven covered carport spaces plus one private garage RARE! — a major bonus in this high-demand coastal community. Natural Light & Ocean Breeze: Each unit is filled with light and offers refreshing ocean air; tenants enjoy a common balcony for relaxation. On-Site Laundry: Communal laundry room with owner share in machine proceeds. Consistently High Tenant Demand: Units lease quickly due to location, amenities, and walkability. Whether you're an investor seeking reliable cash flow in a strong rental market or looking to secure a legacy asset in one of Long Beach’s most coveted neighborhoods, 24 Roswell Avenue is a must-see. Don’t miss your chance to own a piece of coastal paradise!
#OC25156526

Long Beach

24 Roswell Avenue

None Beds

None Baths

2,999 Sq.Ft.

$2,175,000

MLS#: OC25156526

We are pleased to present 939 Pacific Avenue, a fully renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the K-9 Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units, each averaging approximately 600 square feet. All units were fully remodeled by the previous owner in 2018–2019 with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, updated electrical, and new flooring. Exterior improvements during the same period included new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. In 2023, the current owner repaired or replaced all HVAC units as needed and upgraded the main electrical panel—demonstrating pride of ownership and a commitment to ongoing maintenance. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages, two of which are currently not in use and may be rented for additional income or potentially converted to ADUs (buyer to verify). One unit is currently move-in ready, offering immediate upside through lease-up at market rent. Priced at a 5.5% cap rate with over 11% rental upside, 939 Pacific Avenue offers investors a well-maintained, turn-key asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.
#SB25149498

Long Beach

939 Pacific Avenue

None Beds

None Baths

7,836 Sq.Ft.

$3,000,000

MLS#: SB25149498

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here