$2,950,000
755 Gaviota Avenue, Long Beach CA 90813
Multi-Family (8 Units)
Property type
22 days
On market
$444
Price per sqft
14 cars
Garage
1987
Year built
6,728 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Rick Applebaum DRE #01273871, Morgan Skenderian, Paul Espinosa DRE #01942627, Morgan Skenderian
Listing updated: May 18, 2026 at 09:20pm.
Last checked: Jun 3, 2026 at 10:31pm
Source: CRMLS #PW26102404
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | — | $2,576 | $20,605 | $2,795 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 0
Dishwasher: 8
Refrigerator: 8
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
6.09%
NOI / List Price
Gross Scheduled Income: $254,432
Vacancy Allowance: $7,632
Vacancy Allowance Rate: 3%
Operating Expense: $67,233
Net Operating Income: $179,565
Annual Operating Expenses
Electric: $959
Gardener: $3,600
Fuel: $351
Insurance: $8,300
Licenses: $1,000
Maintenance: $7,403
New Taxes: $39,562
Professional Management: $0
Trash: $2,720
Water / Sewer: $3,337
Interior
Cooling: Central Air
Appliances: Dishwasher, Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Dryer Included, Washer Included
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 3
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 14
Parking Total: 14
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7267028030
Additional Parcels: No
Tax Lot: 1
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks
Nearby Schools
Nearby schools around the 755 Gaviota Avenue, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,360,000
Total Interest
$3,010,050
Total Payment
$5,370,050
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$18,140
per month
Property History for 755 Gaviota Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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