Now available in one of Long Beach’s most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross income of $183,780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Property Details
Price:
$1,670,000
MLS #:
PW25157783
Status:
Active
Baths:
0
Address:
1432 Gaviota Avenue
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Poly High PH
Neighborhood:
9polyhigh
City:
Long Beach
Listed Date:
Jul 14, 2025
State:
CA
ZIP:
90813
Lot Size:
6,532 sqft / 0.15 acres (approx)
Year Built:
1923
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Wall Furnace
Laundry Features
Common Area
Exterior
Community Features
Curbs, Sidewalks
Parking Features
None
Parking Spots
0.00
Financial
Map
Community
- Address1432 Gaviota Avenue Long Beach CA
- Area9 – Poly High
- SubdivisionPoly High (PH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Similar Listings Nearby
- 1430 Chestnut Avenue
Long Beach, CA$2,169,000
1.46 miles away
- 938 Stanley Avenue
Long Beach, CA$2,150,000
0.65 miles away
- 207 Mira Mar Avenue
Long Beach, CA$2,150,000
2.03 miles away
- 615 Cerritos Avenue
Long Beach, CA$2,150,000
0.85 miles away
- 1775 Locust Avenue
Long Beach, CA$2,149,000
1.24 miles away
- 1720 Cerritos Avenue
Long Beach, CA$2,100,000
0.45 miles away
- 833 E 1st Street
Long Beach, CA$2,095,000
1.35 miles away
- 219 Redondo Avenue
Long Beach, CA$2,095,000
1.76 miles away
- 57 Bay Shore Avenue
Long Beach, CA$2,095,000
3.01 miles away
- 1700 Pacific Avenue
Long Beach, CA$2,095,000
1.32 miles away

1432 Gaviota Avenue
Long Beach, CA
LIGHTBOX-IMAGES