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$1,600,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1432 Gaviota Ave

General

  • Sold For: $1,600,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25157783
  • Added to Site: 221 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: 9 - Poly High
  • County: Los Angeles
  • Development Name: 9 - Poly High
  • Driving Directions: North of Anaheim and West of Cherry

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

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

Structural Information

  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,616
  • Year Built: 1923

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 9

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

Unit 10

  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size Source: Assessor
  • Zoning: LBR2N
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $442.48
  • Price Per Unit: 167000

Listed by Sage Real Estate Group, Inc., Cody Charnell
Sold by Realty One Group United, Austin Carr

Listing agent

— 1432 Gaviota Ave —

  • Cody Charnell

    Sage Real Estate Group, Inc.

562-896-3851

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 1432 Gaviota Ave

School District:Long Beach Unified School District
NameGradesDistance
Whittier Elementary School, Long Beach, CA
1761 Walnut Avenue, Long Beach, CA 90813
K-50.3 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.9 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1432 Gaviota Ave

Date
Details
Price
Change
Source
12/03/2025
Sold
$1,600,000
-4.19%
MLS
7/14/2025
Listed
$1,670,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Sage Real Estate Group, Inc., Cody Charnell
Sold by Realty One Group United, Austin Carr

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1432 Gaviota Avenue, Long Beach, CA 90813 (MLS# PW25157783) is a Multi-Family property that was sold at $1,600,000 on December 03, 2025. Want to learn more about 1432 Gaviota Avenue? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.