1450 Gaviota Ave, Long Beach, CA 90813
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1450 Gaviota Ave Long Beach, CA 90813

$670,000 Sold Price as of 01/09/2020
  • 5 Beds
  • 3 Baths
  • 2,074 Sq.Ft.
Sold
$670,000 Sold Price as of 01/09/2020 Refinance Your Mortgage

Map preview of 1450 Gaviota Ave, Long Beach, CA 90813

Property Overview: 1450 Gaviota Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,074 living square feet and 6,535 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: **We Are Proud To Present This Fabulous Two Units Income Property in a very desirable area of Long Beach** Situated North of Ocean Blvd. and just minutes to the Beach! Front House originally built in 1922, is upgraded to todays standards, consists of 3-bedrooms and 2-bathrooms with a 1-car detached garage. Back Unit plus 2-double car garages was built in 2006, consists of 2-bedrooms and 1-bathroom, central A/C and Heating. Property has many Capital improvements made such as new electrical , main drain plumbing replacement and roof . Great added value investment opportunity either as owner occupied plus rental income or Lease both for stable passive income.

Listed by Alicia Amezquita | BRE #00953711 | Century 21 Masters
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,535
HOA Dues
$0/mo
Year built
1922
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW19262510
City
Long Beach
County
Los Angeles
Time on Site
1390 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,000
  • Net Operating Income: $28,870
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,130
  • New Taxes: $7,260
  • Trash: $630
  • Insurance: $900
  • Water/Sewer: $1,340

Property Details for 1450 Gaviota Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage, Inside, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7261015009
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: Cross Streets: North Anaheim St. and West Cherry Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1450 Gaviota Ave

Last sold for $670,000 on January 9th, 2020
  • January, 2020

  • Jan 9, 2020

    Date

    Sold

    CRMLS: DW19262510

    $670,000

    Price

  • Jan 4, 2020

    Date

    Pending

    CRMLS: DW19262510

    $600,000

    Price

  • Jan 4, 2020

    Date

    Active Under Contract

    CRMLS: DW19262510

    $600,000

    Price

  • Nov 27, 2019

    Date

    Pending

    CRMLS: DW19262510

    $600,000

    Price

  • Nov 27, 2019

    Date

    Active Under Contract

    CRMLS: DW19262510

    $600,000

    Price

  • Nov 12, 2019

    Date

    Active

    CRMLS: DW19262510

    $600,000

    Price

  • January, 2020

  • Jan 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

  • January, 1998

  • Jan 23, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1450 Gaviota Ave

Assessed Value (2020): $219,580
Year Land Value Improved Value Assessed Value
2020 $76,933 $142,647 $219,580

Home Value Compared to the Market

This property vs the competition

1450 Gaviota Ave sold on January 9, 2020 for 25% lower 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 $289.3 per/sqft which puts the price per square foot 54.23% lower than the current median sale per square foot for the city of Long Beach.

About 1450 Gaviota Ave

Detailed summary of property

1450 Gaviota Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,074 living square feet, and sits on an approximately 6,535 square foot lot. 1450 Gaviota Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $670,000. 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 25% lower than the current median priced home. Local homes that are currently for sale include 210 E 120th St, 116 W 120th St and 752 E Lanzit Ave. While the average home in Long Beach, CA is selling in 51 days, 1450 Gaviota Ave has a days on market of 17 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 1450 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 1450 Gaviota Ave

Public county record property details
Beds
5
Baths
2
Year built
1922
Sq. Ft.
2,074
Lot Size
6,534
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7261-015-009

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%)

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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.