5943 Gaviota Avenue

Long Beach, CA 90805

$775,000
Last Sold Price
5
Beds
3
Baths
1,726 Sq. Ft.
$449 / Sq. Ft.
1,726
Sq. Ft.
$449
per Sq. Ft.

Description

Excellent investment opportunity to own two homes on a lot in North Long Beach, one of Long Beach’s strongest rental markets. The front house is a well maintained 2-bedrooms/1-bathroom unit with newer windows, large living room area and interior washer and dryer hookups. The front unit is a perfect opportunity for an owner-user to occupy the unit and have the back unit supplement their mortgage payment or an investor to rent the unit at market rate (owner received $2000 a month rental income for...Excellent investment opportunity to own two homes on a lot in North Long Beach, one of Long Beach’s strongest rental markets. The front house is a well maintained 2-bedrooms/1-bathroom unit with newer windows, large living room area and interior washer and dryer hookups. The front unit is a perfect opportunity for an owner-user to occupy the unit and have the back unit supplement their mortgage payment or an investor to rent the unit at market rate (owner received $2000 a month rental income for the unit previously). The back unit is a spacious 3-bedroom/2-bathroom and includes a large kitchen area, living room and large master with an en suite bathroom. Upgrades to the back unit includes plantation shutters, partial bathroom remodel, new appliances, fresh painting, and new flooring. The back unit also includes separate laundry room located behind the garage. Each unit has its own 20’x30’ oversized 2-car garage located under the back 3-bedroom/2-bathroom unit as well as driveway parking for 4-5 vehicles. There is a potential opportunity to convert one of the garages into an ADU, buyer to verify with the city. The duplex is located near new developments in North Long Beach including The Uptown, Uptown Commons, and Canvas which are mixed use projects bringing new businesses and eateries to the area. Do not miss this chance to own a prime investment in one of Long Beach’s most rapidly appreciating housing markets.
  1. Listed by Harrison Hyde • DRE #01924379 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est
  2. Listed by John Stiegler II • DRE #01981597 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 5943 Gaviota Avenue

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1726
Assessor Parcel Number
7123-007-006

Location

Listing Courtesy of Lyon Stahl Investment Real Est, Harrison Hyde, DRE #01924379; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597

Sold By T.N.G. Real Estate Consultants, Albert McCray, DRE #01961293

Add your commute
LISTING UPDATED: 12/18/2020 01:52 PM

Property Details for 5943 Gaviota Avenue

StatusClosed
MLS #PW20199317
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1906
Lot Size0.11 AC / 4,890 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Est, Harrison Hyde, DRE #01924379; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597

Sold By T.N.G. Real Estate Consultants, Albert McCray, DRE #01961293

Add your commute

Building Information for 5943 Gaviota Avenue

Stories1Residences-Year Built1906Building Size-Lot Size0.11 AC / 4,890 SF

Payment Calculator

$5,116 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$887

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5943 Gaviota Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Repairs
Income / Expense / Tax Details
Income Details
  • Gross Income: $57,600
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $41,271
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $13,449
  • New Taxes Expense: $9,988
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $618
  • Maintenance Expense: $2,295
  • Trash Expense: $0
  • Water Sewer Expense: $548
  • Total Expenses: $13,449
Tax / Assessment Info
  • Tax Tract Number: 8973
  • Tax Census Tract: 5705.02
  • Tax Lot: 138
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Flooring: Laminate
Exterior Features
  • Window Features: Bay Window(s)
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Fence: Yes
  • Fence: Wood
  • Fencing: Brick, Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Door Opener, Garage, Garage - 2 Car, Oversized, Shared Driveway, Side By Side
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Paved, Garage, Garage - Two Door, Garage Door Opener, On Site, Oversized, Shared Driveway, Side by Side
Property / Structure Info
  • Builders Tract Name: North Long Beach
  • Builders Tract Code: North Long Beach (NLB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 5943 Gaviota Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5943 Gaviota Avenue

Taxable ValueLand$338,130Additions$468,180Total$806,310
Tax Record2023$10,640 ($887 / month)
Home Facts
Total Finished SqFt1,726 SqFtAbove Grade Finished SqFt1,726 SqFtStories1Lot Size4,890 SqFtStyleDuplexYear Built1906ZoningLBR1NCountyLOS ANGELESAPN7123-007-006

Schools near 5943 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 - 6 to 8
Rating
School
Distance
Harte Elementary School
PublicK to 5

Lindbergh Middle School
Public6 to 8

Jordan High School
Public9 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

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Est, Harrison Hyde, DRE #01924379; Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.