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1401 Gaviota Ave, Long Beach, CA 90813
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1401 Gaviota Ave Long Beach, CA 90813

$1,080,000 Sold Price as of 06/11/2020
  • 13 Beds
  • 4 Baths
  • 3,618 Sq.Ft.
Sold
$1,080,000 Sold Price as of 06/11/2020 Refinance Your Mortgage
Map preview of 1401 Gaviota Ave, Long Beach, CA 90813

Property Overview: 1401 Gaviota Ave Long Beach, CA has 13 bedrooms, 4 bathrooms, 3,618 living square feet and 4,031 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turn-key Spanish style property in the Heart of Long Beach. This Corner Building of 4 Large Units consists of One 4 Bedroom & Three 3 Bedroom Units. 4 Covered garages situated within a property security gate for added safety. The Units benefit from a corner location right off Pacific Coast Highway, within walking distance to restaurants and nightlife. 1 unit has been renovated leaving significant upside on remaining 3 units.

Listed by Gary Tolfa | BRE #00955403 | Triqor Group
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
4,031
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20035832
City
Long Beach
County
Los Angeles
Time on Site
1389 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,506
  • Total Rent: $4,518
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 15.22
  • Gross Scheduled Income: $72,216
  • Net Operating Income: $47,266
  • Gross Operating Income: --
  • Vacancy Allowance: $3,610
Annual Expense Breakdown
  • Total Operating Expense: $21,340
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1401 Gaviota Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7261014020
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Please Contact Listing Agent For All Directions
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 1401 Gaviota Ave

Last leased for $2,350 on May 11th, 2021

  • May, 2021

  • May 14, 2021

    Date

    Leased

    CRMLS: SW21073729

    $2,350

    Price

  • Apr 25, 2021

    Date

    Pending

    CRMLS: SW21073729

    $2,275

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: SW21073729

    $2,275

    Price

  • Listing provided courtesy of CRMLS

    Newly Renovated Apartment in beautiful Long Beach! Everything BRAND NEW! ~ Owner pays Water & Trash! 3 bedroom, 1 bath. This amazing unit includes washer and dryer hookups, brand new flooring throughout, granite countertops, fresh new bathroom, new windows, brand new stainless steel appliances. Owner has spared no expense in making this UNIT flawless and a place to call home for the long term. Private parking in rear of property with garage space for additional storage. Shown by Appointment only ~

  • February, 2021

  • Feb 19, 2021

    Date

    Leased

    CRMLS: SW21028480

    $2,275

    Price

  • Feb 11, 2021

    Date

    Active

    CRMLS: SW21028480

    $2,275

    Price

  • Listing provided courtesy of CRMLS

    Newly Renovated Apartment in beautiful Long Beach! Everything BRAND NEW! ~ Owner pays Water & Trash! 3 bedroom, 1 bath. This amazing unit includes washer and dryer hookups, brand new flooring throughout, granite countertops, fresh new bathroom, new windows, brand new stainless steel appliances. Owner has spared no expense in making this UNIT flawless and a place to call home for the long term. Private parking in rear of property with garage space for additional storage. Shown by Appointment only ~

  • February, 2021

  • Feb 17, 2021

    Date

    Leased

    CRMLS: SW21009158

    $2,375

    Price

  • Feb 8, 2021

    Date

    Price Change

    CRMLS: SW21009158

    $2,375

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: SW21009158

    $2,495

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: SW21009158

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Newly Renovated Apartment in beautiful Long Beach! Everything BRAND NEW! ~ Owner pays Water & Trash! 4 bedroom, 1 bath. This amazing unit includes washer and dryer hookups, brand new flooring throughout, granite countertops, fresh new bathroom, new windows, brand new stainless steel appliances. Owner has spared no expense in making this UNIT flawless and a place to call home for the long term. Private parking in rear of property with garage space for additional storage. Shown by Appointment only ~

  • June, 2020

  • Jun 16, 2020

    Date

    Sold

    CRMLS: PW20035832

    $1,080,000

    Price

  • Apr 30, 2020

    Date

    Active Under Contract

    CRMLS: PW20035832

    $1,099,000

    Price

  • Apr 7, 2020

    Date

    Active

    CRMLS: PW20035832

    $1,099,000

    Price

  • Feb 25, 2020

    Date

    Active Under Contract

    CRMLS: PW20035832

    $1,099,000

    Price

  • Feb 18, 2020

    Date

    Active

    CRMLS: PW20035832

    $1,099,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,080,000

    Price

  • April, 2017

  • Apr 7, 2017

    Date

    Sold (Public Records)

    Public Records

    $914,000

    Price

Show More

Tax History for 1401 Gaviota Ave

Assessed Value (2020): $970,203
Year Land Value Improved Value Assessed Value
2020 $557,134 $413,069 $970,203

Home Value Compared to the Market

This property vs the competition

1401 Gaviota Ave sold on June 11, 2020 for 37.38% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $303.76 per/sqft which puts the price per square foot 51.94% lower than the current median sale per square foot for the city of Long Beach.

About 1401 Gaviota Ave

Detailed summary of property

1401 Gaviota Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 13 bedrooms, 4 bathrooms, roughly 3,618 living square feet, and sits on an approximately 4,031 square foot lot. 1401 Gaviota Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,080,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 37.38% higher than the current median priced home. Local homes that are currently for sale include 2000 Pacific Ave, 2175 Earl Ave and 1044 Cedar Ave. While the average home in Long Beach, CA is selling in 51 days, 1401 Gaviota Ave has a days on market of 72 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1401 Gaviota Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1401 Gaviota Ave

Public county record property details
Beds
10
Baths
4
Year built
1929
Sq. Ft.
3,618
Lot Size
4,030
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
7261-014-020

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
31
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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