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Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian
$ 2,875,000
Est. payment /mo
Contingent
755 Gaviota AVE Long Beach, CA 90813
6,728 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRPW26102404
Year Built 1987
Lot Size 6,728 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Rooms
Kitchen Dishwasher, Refrigerator
Interior
Cooling Central AC
Laundry Washer, Washer/Dryer - Owned, Dryer
Exterior
Garage Spaces 14.0
Pool None
Building
Water District - Public
Others
Tax ID 7267028030
Special Listing Condition Not Applicable , Accepting Backups
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