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$1,190,000
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Property Description
Exceptional investment opportunity just a short bike ride to the beach! This well-maintained 4-plex offers a versatile unit mix, strong income potential, and an ideal setup for both investors and owner-occupants. Located near Downtown and the vibrant 4th Street Retro Row, the property sits in a highly desirable rental area known for its coastal lifestyle, walkability, and charm.
The front detached unit is a spacious 3-bedroom, 2-bath home, perfect for owner occupancy or commanding premium rent. With its generous layout and privacy from the other units, it lives like a single-family residence while still benefiting from the income of the additional units on site.
Behind the front home are three additional units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, creating a highly rentable and desirable unit mix. One of the 2-bedroom units is currently vacant and ready for a new tenant, presenting an immediate opportunity to set market rent and increase overall income.
The property features convenient on-site laundry for tenants and ample parking, including a carport, driveway parking for two vehicles, and additional spaces for a total of five parking spots - a rare and valuable amenity this close to the beach and downtown.
This income property has a proven track record of solid rental performance, yet still offers room for upside through rental increases and value-add potential. Its prime location near shopping, dining, entertainment, and coastal attractions makes it highly appealing to long-term tenants and short-term renters alike.
Whether you are looking to live in the front home while collecting rent from the other units, or seeking a strong addition to your investment portfolio, this property checks all the boxes: location, unit mix, parking, on-site amenities, and income growth potential.
Opportunities like this in such a sought-after coastal neighborhood are rare. Don't miss the chance to own a flexible, high-demand multi-unit property in one of the area's most desirable locations.
Full Property Details
Full Property Details for 826 Gaviota
General
- Sold For: $1,190,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26024591
- Added to Site: 117 day(s) ago
Rooms
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: 10th st and Gaviota
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,119
- Year Built: 1919
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1358
- Lot Size Source: Assessor
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $381.53
- Price Per Unit: 287500
Listed by Think Boutiq Real Estate, Art Saenz
Sold by Rigby & Associates R.E. Svc., Eliazandy Salas
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Schools
Schools serving 826 Gaviota
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Burbank Elementary School, Long Beach, CA 501 Junipero Avenue, Long Beach, CA 90814 | K-5 | 0.5 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1 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 826 Gaviota
Date
Details
Price
Change
Source
5/22/2026
Sold
$1,190,000
3.48%
MLS
2/03/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
826 Gaviota, Long Beach, CA 90813 (MLS# PW26024591) is a Multi-Family property that was sold at $1,190,000 on May 22, 2026. Want to learn more about 826 Gaviota? 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.

