$ 1,670,000
-
$1,670,000
Price -
0
Bed -
6
Bath -
3,616
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 0173 - PWCHCODY
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 $187,260 and an attractive 6.2% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. 4 of the units currently pay RUBS which generates $490/mo. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Listing Highlights for 1432 Gaviota Ave
Status
Pending
Days on Site
103
Property Type
Multi-Family
MLS ®
PW25157783
Year Built
1923
Total Square Footage
3,616
Lot/Acreage
0.15
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LBR2N
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7261015012
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1432 Gaviota Ave Long Beach, CA 90813
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
