$849,000 - 1471 Gaviota Avenue, Long Beach

  • 0Beds
  • Baths
  • 2,574SQ. Feet
  • 0.15Acres

With an estimated proforma cap rate of 6.05%, this well located duplex has four actual rentable units and offers a fantastic opportunity for a savvy and creative investor to capitalize on its unique unit make up. The property consists of a 4/3 unit and a 2/1, consisting of two 2/1 bungalows and two additional 1/1 rental spaces above four garages. Use it as two units, three units, four units, rooms for rent or any combination of the above. The front house is a remodeled detached two bedroom one bath with a great layout, separate front yard and a cute side yard. It would be perfect for an owner occupant. The second unit has two bedrooms and one bathroom downstairs and a staircase in back which leads to two more bedrooms and bathrooms divided by a landing with a separate entrance to the courtyard. Rent the second unit as a 4/3 or rent the spaces separately to earn even more income. The beauty of this property is its limitless potential! There is cute courtyard between the buildings and plenty of room on the lot for gardening, enjoying the outdoors, or for kids to play. Four roomy garages are around back with easy alley access. This is a great property in a fantastic neighborhood to own rentals!

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19172897
  • Price:$849,000
  • Bathrooms:0.00
  • Square Footage:2,574
  • Acres:0.15
  • Year Built:1921
  • Type:Residential Income
  • Style:Bungalow
  • Status:Active

Community Information

  • Address:1471 Gaviota Avenue
  • Area:Poly High (9)
  • Subdivision:Poly High (PH)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:4
  • # of Garages:4

Interior

  • Heating:Wall Heater
  • Cooling:None
  • Stories:Two

Exterior

  • Lot Description:Front Yard, Lawn
  • Foundation:Raised

Additional Information

  • Date Listed:July 20th, 2019
  • Days on Market:62
  • Zoning:LBR2N

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Poly High (ph)

  • City:
    Long Beach
  • Price Range:
    $550,000 - $1,700,000
  • Current Listings:
    7
  • HOA Dues:
    $
  • Average Price per Square Foot:
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  • City:
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  • Price Range:
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  • Current Listings:
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  • HOA Dues:
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  • Average Price per Square Foot:
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Provided By: Lorri Quiett(01371114), Vylla Home, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of September 21st, 2019 at 10:17am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.