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Stacey Alysson Melman

1025 Gaviota AV
Long Beach, CA, 90813
$2,250,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #AR26188327 image #0
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!
AGENT: Bing Hou
LISTING BROKERAGE: IRN Realty
1025 Gaviota AV
Long Beach, CA

Property Details

Price:
$2,250,000
MLS #:
AR26188327
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Eastside ES
Neighborhood:
3eastsidecirclearea
Listed Date:
Sep 9, 2026
Total Sq Ft:
7,000
Lot Size:
6,085 sqft / 0.14 acres (approx)
Year Built:
1987
3 – Eastside, Circle Area3eastsidecircleareaEastside Es
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Schools

Interior

Laundry Features
CM
Levels
C

Exterior

Common Walls
_2CW
Community Features
SDW, CRB
Parking Spots
12
Parking Total
12

Financial

Gross Operating Income
$222,528
Maintenance Fee
$8,000
Net Operating Income
$147,418

Map

Community

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