$2,500,000

1083 Gaviota Ave Long Beach, CA 90813

Hellman Neighborhood

Estimated payment $16,095/month

Total Views 2,579
18 Beds
10 Baths
7,093 Sq Ft
$352 Price per Sq Ft

About This Home

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants.

The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

Listing Agent

Channy Chor

JohnHart Real Estate Brokerage Phone: 213-608-6408 License #01836138 Listed on: 07/07/2025

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,114 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 7,093 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 10 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7267011025

Community Details

Overview

  • 9 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,677
  • Operating Expense $4,677
  • Gross Income $168,600
  • Net Operating Income $163,923

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 277778
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7267011025
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 352.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6114.00
  • Lot Size Acres: 0.1404

Multi Family

  • Gross Income: 168600.00
  • Gross Scheduled Income: 168600.00
  • Insurance Expense: 4677.00
  • Laundry Income: 2400.00
  • Lot Size Area: 6114.0000 Square Feet
  • Net Operating Income: 163923.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 4677.00
  • Rent Control: No
  • Total Actual Rent: 13850.00
  • Total Expenses: 4677.00

Tax Info

  • Tax Census Tract: 5764.03
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $2,500,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25143605

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Hellman

1083 Gaviota Ave, Long Beach, CA

This home is located at 1083 Gaviota Ave, Long Beach, CA 90813 and is currently priced at $2,500,000, approximately $352 per square foot. This property was built in 1963. 1083 Gaviota Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Channy Chor
Listing Agent
Channy Chor
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JohnHart Real Estate
(562) 647-1627