Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit
washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience.
The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.
AGENT: Rick Applebaum LISTING BROKERAGE: Morgan Skenderianwashers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience.
The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.
Courtesy of Morgan Skenderian. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 755 Gaviota AV
Long Beach, CA
Property Details
Price:
$2,950,000
MLS #:
PW26102404
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
2belmontheightsalamitosheights
Listed Date:
May 14, 2026
Total Sq Ft:
6,640
Lot Size:
6,728 sqft / 0.15 acres (approx)
Year Built:
1987
2 – Belmont Heights, Alamitos Heights2belmontheightsalamitosheights
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Schools
Interior
Appliances
DW, RF
Cooling
CA
Laundry Features
DINC, WINC
Exterior
Common Walls
NCW
Community Features
SDW, CRB, GOLF, PARK, BIKI, DGP
Garage Spaces
14
Parking Spots
14
Parking Total
14
Financial
Gross Operating Income
$246,799
Maintenance Fee
$7,403
Net Operating Income
$179,565
Map
Community
- Address755 Gaviota AV Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
