1716 Gaviota Ave, Long Beach, CA 90813
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1716 Gaviota Ave Long Beach, CA 90813

$671,625 Sold Price as of 12/05/2019
  • 4 Beds
  • 3 Baths
  • 1,584 Sq.Ft.
Sold
$671,625 Sold Price as of 12/05/2019 Refinance Your Mortgage

Map preview of 1716 Gaviota Ave, Long Beach, CA 90813

Property Overview: 1716 Gaviota Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 1,584 living square feet and 5,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Cash positive Craftsman TRIPLEX in the heart of Long Beach. All units are under market rent with plenty of upside potential! Perfect opportunity to live in one and rent out the other two. The front home is a large 2 bed 1 bath + den (renting for $1700/mo). The back home consists of two 1 bed 1 bath units (renting for $1000/mo & $800/month). All 3 units have washer/dryer hook-ups inside each unit, and there is space for 4 assigned parking spaces and a long driveway for additional parking. In the front home enjoy hardwood floors, recessed lighting, granite countertops, remodeled bathroom, new paint inside and out, and a new roof within the last 2 years. In the back two units enjoy fresh paint inside, new blinds, new modern light fixtures, large front room, great sized bedroom and a bathroom with washer dryer hookups and a door out to the yard. Property has 3 gas meters, 3 electric meters and 1 water meter.

Listed by Shannon Paul | BRE #02039030 | CMC Realty & Lending
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
5,665
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19200975
City
Long Beach
County
Los Angeles
Time on Site
1426 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $12,000
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $9,600
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $30,562
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,438
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,738
  • Trash: $0
  • Insurance: $1,100
  • Water/Sewer: $1,600

Property Details for 1716 Gaviota Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
  • Door Features: Double Door Entry
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7261002022
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Property is 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: Eastside (ES)
  • Directions: N on PCH, turn Left on Gaviota
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1716 Gaviota Ave

Last sold for $672,000 on December 5th, 2019
  • December, 2019

  • Dec 5, 2019

    Date

    Sold

    CRMLS: PW19200975

    $671,625

    Price

  • Nov 29, 2019

    Date

    Pending

    CRMLS: PW19200975

    $699,000

    Price

  • Oct 22, 2019

    Date

    Active Under Contract

    CRMLS: PW19200975

    $699,000

    Price

  • Sep 21, 2019

    Date

    Active

    CRMLS: PW19200975

    $699,000

    Price

  • Sep 10, 2019

    Date

    Active Under Contract

    CRMLS: PW19200975

    $699,000

    Price

  • Sep 10, 2019

    Date

    Pending

    CRMLS: PW19200975

    $699,000

    Price

  • Aug 22, 2019

    Date

    Active

    CRMLS: PW19200975

    $699,000

    Price

  • December, 2019

  • Dec 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $672,000

    Price

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Tax History for 1716 Gaviota Ave

Assessed Value (2020): $672,300
Year Land Value Improved Value Assessed Value
2020 $500,000 $172,300 $672,300

Home Value Compared to the Market

This property vs the competition

1716 Gaviota Ave sold on December 5, 2019 for 21.64% lower than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $441.29 per/sqft which puts the price per square foot 33.04% lower than the current median sale per square foot for the city of Long Beach.

About 1716 Gaviota Ave

Detailed summary of property

1716 Gaviota Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,584 living square feet, and sits on an approximately 5,665 square foot lot. 1716 Gaviota Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $671,625. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 21.64% lower than the current median priced home. Local homes that are currently for sale include 9534 Grape St, 230 E 111th St and 9430 Parmelee Ave. While the average home in Long Beach, CA is selling in 51 days, 1716 Gaviota Ave has a days on market of 61 days. There are currently 699 homes for sale in the Long Beach real estate market and 394 of them are single family homes while 285 of them are condos and 20 are townhomes. For more information on this home for sale at 1716 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 1716 Gaviota Ave

Public county record property details
Beds
4
Baths
3
Year built
1955
Sq. Ft.
1,584
Lot Size
5,664
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
7261-002-022

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
$615,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
37
Median Sale to List Price %
90.82%
Avg Days on Market
62
Loan Type
Conventional (50%), FHA (10%), VA (0%), Cash (10%), Other (30%)

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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.