About 1025 Gaviota Avenue
Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1987, this exceptionally updated, 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!
Features of 1025 Gaviota Avenue
| MLS® # | AR26188327 |
|---|---|
| Price | $2,250,000 |
| Bedrooms | 16 |
| Bathrooms | 16.00 |
| Acres | 0.14 |
| Year Built | 1987 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1025 Gaviota Avenue |
|---|---|
| Area | 3 - Eastside, Circle Area |
| Subdivision | Eastside (ES) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Assigned |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Lot Description | Street Level |
|---|
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Days on Market | 2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Bing Hou |
|---|---|
| Office | IRN Realty |