Courtesy of: Bing Hou, IRN Realty, binghou66@gmail.com
Courtesy of: Bing Hou, IRN Realty, binghou66@gmail.com
$2,250,000
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16 bed
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16.00 Bath (16 Full)
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Lot: 0.14 Acres
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Apartment
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$2,250,000
1025 Gaviota Avenue Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1988, this exceptionally 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!
Courtesy of: Bing Hou, IRN Realty, binghou66@gmail.com
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