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$2,250,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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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!

Full Property Details for 1025 Gaviota Ave

General

  • Price: $2,250,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26188327
  • Updated: 9/9/2026
  • Days on Market: 5 days
  • Added to Site: 5 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: 3 - Eastside, Circle Area
  • County: Los Angeles
  • Development Name: 3 - Eastside, Circle Area
  • Driving Directions: Anaheim to the north, Cherry to the east

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 10
  • # Electric Meters: 10

Structural Information

  • Entry Location: ground
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 7,000
  • Year Built: 1987

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1397
  • Lot Size (Sq. Ft.): 6,085
  • Lot Size Source: Assessor
  • Lot Description: Level with Street

Financial Considerations

  • Price Per Sq. Ft.: $321.43
  • Price Per Unit: 250000

Listed by IRN Realty, Bing Hou

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Listing agent

— 1025 Gaviota Ave —

  • Bing Hou

    IRN Realty

626-786-2143

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1025 Gaviota Ave

School District:Long Beach Unified School District
NameGradesDistance
Lincoln Elementary School, Long Beach, CA
1175 East 11th Street, Long Beach, CA 90813
K-50.4 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.6 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1025 Gaviota Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$2,250,000
9.76%
MLS
12/17/2018
Sold
$2,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1025 Gaviota Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,050
—
$2,332,544
2%
2025
$31,050
6%
$2,286,809
4%
2023
$29,179
7%
$2,205,911
2%
2022
$27,394
2%
$2,162,814
2%
2021
$26,831
—
$2,120,562
1%
2020
$26,762
68%
$2,098,900
78%
2019
$15,893
3%
$1,177,485
2%
2018
$15,448
1%
$1,154,398
2%
2017
$15,286
8%
$1,131,764
2%
2016
$14,200
4%
$1,109,574
2%
2015
$13,647
—
$1,092,908
2%
2014
$13,587
3%
$1,071,501
—
2013
$13,179
—
$1,066,660
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by IRN Realty, Bing Hou

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1025 Gaviota Avenue, Long Beach, CA 90813 (MLS# AR26188327) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 1025 Gaviota Avenue is currently listed for $2,250,000 and was received on September 09, 2026. Want to learn more about 1025 Gaviota Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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