1638 Gaviota Avenue
1638 Gaviota Avenue
$715,000
2
2
1,025
1,025
$698
Closed 7/31/23
Description
Fantastic investment opportunity! Back on the market at a HUGE PRICE REDUCTION! This value-add duplex is comprised of a back studio unit that will be delivered vacant at close of escrow and ready for renovations! The front 2-bedroom 1bath house has a large front and side yard. The tenant pays $2,300/month and has been living there for over four years and has a strong history of paying rent on time. Both units have separate gas and electric meters. There is a free standing, double car garage, perfect...Fantastic investment opportunity! Back on the market at a HUGE PRICE REDUCTION! This value-add duplex is comprised of a back studio unit that will be delivered vacant at close of escrow and ready for renovations! The front 2-bedroom 1bath house has a large front and side yard. The tenant pays $2,300/month and has been living there for over four years and has a strong history of paying rent on time. Both units have separate gas and electric meters. There is a free standing, double car garage, perfect for an ADU conversion into 3 units (buyer to verify) with an after repair value (ARV) of $960,000. Located near Signal Hill and MacArthur Park, this neighborhood is truly in the path of progress and benefits from nearby development. If you're an investor looking for a value-add opportunity or an owner-occupant looking to get started in investment real estate, look no further!
- Listed by Christopher Crosby • DRE #02116879 • Brokerage DRE #01914434 • Buckingham Investments, Inc
Property Details for 1638 Gaviota Avenue
Parking Spaces Total
2
Private PoolNo
Cooling TypeGas
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1025
Assessor Parcel Number7261-011-002
Location
LISTING UPDATED: 07/31/2023 02:33 AM
Property Details for 1638 Gaviota Avenue
Status | Closed |
---|---|
MLS # | SB23087761 |
Days on Market | 28 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1921 |
Lot Size | 0.09 AC / 4,026 SF |
County | Los Angeles County |
Location
Building Information for 1638 Gaviota Avenue
Stories1Residences-Year Built1921Building Size-Lot Size0.09 AC / 4,026 SF
Payment Calculator
$4,530 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1638 Gaviota Avenue
Property History for 1638 Gaviota Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1638 Gaviota Avenue
Taxable ValueLand$455,685Additions$117,941Total$573,626
Tax Record2023$7,539 ($628 / month)
Home Facts
Total Finished SqFt1,025 SqFtAbove Grade Finished SqFt1,025 SqFtLot Size4,026 SqFtStyleDuplexYear Built1921ZoningLBR2NCountyLOS ANGELESAPN7261-011-002
Schools near 1638 Gaviota Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Whittier Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.