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California>Long Beach>Hellman

755 Gaviota AvenueLong Beach, CA 90813

For Sale

$2,950,000

Smart Buyer Rebate $29,500

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.

Listed by Rick Applebaum

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License #01273871

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Morgan Skenderian

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rma@morganskenderian.com

Listed by Paul Espinosa

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License #01942627

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Morgan Skenderian

Last updated May 18, 2026

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Source: CRMLS #PW26102404

Listing Facts

  • TypeMulti-family
  • NeighborhoodHellman
  • Days on Prevu32

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/14/2026
Listed by Morgan Skenderian
$2,950,000

Property Details for 755 Gaviota Avenue

Association

Amenities

  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 3
  • Year Built: 1987
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Street

Measurements

  • Building Area Total: 6,640
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,728
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,728
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.09
  • Gross Income: $254,432.00
  • Operating Expense: $67,233.00

Taxes

  • Parcel Number: 7267028030

Interior

Features

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Other

Location

  • Subdivision Name: Other
  • Tax Lot: 1

Parking

Parking

  • Garage Spaces: 14
  • Garage: Yes
  • Parking Total: 14

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 755 Gaviota Avenue.

Does this multi-family home have parking?

Yes, there are 14 parking spaces available for 755 Gaviota Avenue.

How does 755 Gaviota Avenue compare to other multi-family homes in Hellman?

This multi-family home is listed 39% above the average price for multi-family homes in Hellman and has been on the market for 16 less days than the typical home in this area.

755 Gaviota Avenue is a -bedroom multi-family home for sale in Long Beach CA 90813. Available on Prevu for 32 days at $2,950,000. This residence is located in Hellman. The median listing price for multi-family homes in this area is $1,800,000. The home offers dishwasher, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.