1083 Gaviota Ave, Long Beach, CA, 90813
About This Home
Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1963
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 10
Features
- Common walls with other units/homes: No Common Walls
Interior Area
- Total structure area: 7,093
- Total interior livable area: 7,093 sqft
Property
Details
- Parcel number: 7267011025
- Special condition: Standard
Features
- Entry location: 1
- Pool features: None
Lot
- Lot size: 6,114 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,872 | $142,464 |
| Home Insurance * | $456 | $5,472 |
| Property Taxes | $1,310 | $15,720 |
| Electricity | $1,521 | $18,252 |
| Total | $15,159 | $181,908 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $2,348,000 |
View on Zillow