468 Gaviota Avenue
468 Gaviota Avenue
$1,950,000
4
12
5,938
5,938
$328
Description
PRICED TO SELL. 9.5 GRM and 6.6% CAP on actual rents with upside to a 7.1% CAP. ONLY $328/SF. 12 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Located on the East Side of Long Beach just blocks from Retro Row - with all the cute shops and restaurants. The property is professionally managed and well maintained. There are 4 garages in the rear of the property - potential ADU opportunity - Buyer to verify. Additionally, only two of these spaces are leased,...PRICED TO SELL. 9.5 GRM and 6.6% CAP on actual rents with upside to a 7.1% CAP. ONLY $328/SF. 12 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Located on the East Side of Long Beach just blocks from Retro Row - with all the cute shops and restaurants. The property is professionally managed and well maintained. There are 4 garages in the rear of the property - potential ADU opportunity - Buyer to verify. Additionally, only two of these spaces are leased, leaving rental upside by leasing the other two. The property features a TPO roof that is in good condition. Major building systems have been updated - plumbing, electrical and roof. Buyer to verify. Email listing agent for more info including a rent roll.
- Listed by Jonathan Swire • DRE #01336277 • Brokerage DRE #01738973 • The Agency
Property Details for 468 Gaviota Avenue
Zoning
LBR1N
Parcel Number7266020008
Total Units12.0
Living Area5938
Source Living AreaVendor Enhanced
AreaDowntown Area, Alamitos Beach (4)
Vacancy Rate0%
Lot Size Area7315
Location
LISTING UPDATED: 05/21/2024 12:01 AM
Property Details for 468 Gaviota Avenue
Status | Active |
---|---|
MLS # | 24-391489 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.17 AC / 7,315 SF |
County | Los Angeles County |
Location
Building Information for 468 Gaviota Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,315 SF
Payment Calculator
$12,974 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 468 Gaviota Avenue
Property History for 468 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 468 Gaviota Avenue
Taxable ValueLand$1,461,328Additions$623,697Total$2,085,025
Tax Record2023$27,979 ($2,332 / month)
Home Facts
Total Finished SqFt5,938 SqFtAbove Grade Finished SqFt5,938 SqFtLot Size7,313 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLBR1NCountyLOS ANGELESAPN7266-020-008
Schools near 468 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 |
---|---|---|
Burbank 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.