$4,500,000
1050 Gaviota, Long Beach CA 90813
Multi-Family (14 Units)
Property type
108 days
On market
$348
Price per sqft
8 cars
Garage
1963
Year built
12,632 sqft
Lot size
Open Houses
Overview
1050 Gaviota Avenue is a 14-unit courtyard-style multifamily property located in the Downtown/Alamitos Beach area of Long Beach. Situated on approximately 0.29 acres, the two-story building features a secure gated entry and a central landscaped courtyard that provides natural light and an inviting residential setting. The property offers a desirable mix of spacious 2-bedroom,...
Listing provided by: DARREN CORREA DRE #02066621, LE INVESTMENT GROUP
Listing updated: Feb 17, 2026 at 10:42pm.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #IV26035988
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 1 | — | $11,775 | $11,775 | $12,000 | Unfurnished |
| 6 | 3 | 1 | — | $14,414 | $14,414 | $16,200 | Unfurnished |
| 2 | 4 | 1 | — | $4,964 | $4,964 | $5,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
12.0x
List Price / Annual Gross Rent
Cap Rate
5.56%
NOI / List Price
Gross Scheduled Income: $373,836
Operating Expense: $122,119
Net Operating Income: $250,087
Annual Operating Expenses
Electric: $950
Fuel: $6,177
Insurance: $7,785
Professional Management: $16,823
Trash: $512
Water / Sewer: $5,369
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7267012041
Additional Parcels: No
Tax Lot: 89
Subdivision: Downtown (DT)
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1050 Gaviota, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,600,000
Total Interest
$4,591,602
Total Payment
$8,191,602
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,592
per month
Property History for 1050 Gaviota
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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