1050 Gaviota, Long Beach, CA 90813

$4,500,000

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List Price
$4,500,000
Status
ACTIVE
MLS#
IV26035988
Year Built
1963
Lot Size
12,632
Acres
0.29
Lot Location
11-15 Units/Acre
Days on Market
166
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Downtown (Dt)

Property Description

1050 Gaviota Avenue is a 14-unit courtyard-style multifamily property located in the Downtown/Alamitos Beach area of Long Beach. Situated on approximately 0.29 acres, the two-story building features a secure gated entry and a central landscaped courtyard that provides natural light and an inviting residential setting. The property offers a desirable mix of spacious 2-bedroom, 3-bedroom, and 4-bedroom units, appealing to long-term renters seeking larger floor plans in a dense urban location. Additional features include on-site parking, concrete slab foundation, pitched roof construction, and efficient building systems. The property is positioned near Downtown Long Beach, Alamitos Beach, local retail corridors, public transit, and major employment centers, offering residents convenient access to coastal amenities and regional connectivity.

Additional Information

Pool Description
None
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$373,836
Operating Expense
122119

Listing courtesy of Listing Agent: DARREN CORREA (darren.correa@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.