755 Gaviota Avenue, Long Beach, CA 90813

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.

PROPERTY DETAILS: Square Feet: 6640

INTERIOR FEATURES: • Appliances: Dryer, Washer, Refrigerator, Dishwasher • Cooling: Central Air • Fireplaces: None

EXTERIOR FEATURES: • Parking: 14 Garage Spaces, 14 Parking Spaces, Garage. • Pool Description: None

LISTING AGENT: Agent: Rick Applebaum | Office: Morgan Skenderian | Phone: 000-000-0000 | Email: [email protected]

LISTING INFORMATION: MLS#: PW26102404 | Status: FOR SALE