1025 Gaviota Avenue

Long Beach, CA 90813
Property listed by IRN Realty, Bing Hou 626-786-2143
$2,250,000
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 enjoyRead MoreRead Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1987
MLS Number
AR26188327
Property Location Map
Additional Details
Building
Built in 1987, 1 building, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: ground
Community
Curbs, Sidewalks
Expenses
Electric: $1,200, Fuel: $1,200, Gardener: $600, Insurance: $9,500, Maintenance: $8,000, Operating: $75,110, Pest Control: $600, Trash: $900, Water/Sewer: $9,600
Home Owner's Association
Association Fee: $0
Income
Gross Income: $6,000, Gross ScheduledIncome: $222,528, Net Operating Income: $147,418
Laundry
CommonArea
Lot
0.1397 acres, StreetLevel
Parking
12 carport spaces, 12 total parking spaces, Assigned
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7267011011, Lot: 10
Tenant Pays
Electricity, Gas, TrashCollection
Utilities
Water Source: Public, 10 separate electric meters, 10 separate gas meters
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Laura Grabher
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.