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436 Gaviota Ave, Long Beach, CA 90802
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436 Gaviota Ave Long Beach, CA 90802

$1,385,000
  • 10 Beds
  • 6 Baths
  • 2,856 Sq.Ft.
For Sale
$1,385,000 Get Pre-Qualified
Map preview of 436 Gaviota Ave, Long Beach, CA 90802

Property Overview: 436 Gaviota Ave Long Beach, CA has 10 bedrooms, 6 bathrooms, 2,856 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 436 Gaviota Avenue is a 4-unit multifamily investment property located in Long Beach, a premier rental market in Los Angeles County, California. Built in 1923, 436 Gaviota Avenue offers a diverse mix of studio, four, and six-bedroom units. The property features amenities including security doors, a spacious front yard, and on-site laundry. 436 Gaviota Avenue offers a new investor the opportunity to potentially add one accessory dwelling unit.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 10 minutes ago | Last updated: January 3rd, 2023 | Source CRMLS | DOM: 520
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Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Apartment
Status
Active
MLS#
OC22221942
City
Long Beach
County
Los Angeles
Time on Site
557 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,895
  • Total Rent: $2,895
  • Pro Forma/Market Rent: $2,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 6
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,584
  • Total Rent: $3,584
  • Pro Forma/Market Rent: $3,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,846
  • Net Operating Income: $70,883
  • Gross Operating Income: $106,550
  • Vacancy Allowance: $3,295
Annual Expense Breakdown
  • Total Operating Expense: $35,668
  • Electric: $1,354
  • Gas/Fuel: $1,354
  • New Taxes: $16,497
  • Trash: $1,354
  • Insurance: $1,600
  • Maintenance: $2,800
  • Professional Management: $5,328
  • Water/Sewer: $1,354
  • Other Expenses: $4,029
  • Other Expense Description: Misc

Open Houses for 436 Gaviota Ave

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Property Details for 436 Gaviota Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7266020004
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Gaviota Avenue & East 4th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 436 Gaviota Ave

Last sold on April 30th, 1996

  • October, 2022

  • Oct 13, 2022

    Date

    Active

    CRMLS: OC22221942

    $1,385,000

    Price

  • April, 1996

  • Apr 30, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 436 Gaviota Ave

Assessed Value (2020): $264,831
Year Land Value Improved Value Assessed Value
2020 $139,278 $125,553 $264,831

Home Value Compared to the Market

This property vs the competition

436 Gaviota Ave is listed 73.15% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $484.94 per/sqft which puts the price per square foot 23.87% lower than the median price per square foot for the city of Long Beach.

About 436 Gaviota Ave

Detailed summary of property

436 Gaviota Ave is a apartment located in Long Beach, CA 90802 and is currently for sale. This apartment offers 10 bedrooms, 6 bathrooms, roughly 2,856 living square feet, and sits on an approximately 7,405 square foot lot. 436 Gaviota Ave was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner is currently asking $1,385,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 73.15% higher than the median priced home. Local competing homes currently for sale include 3239 E Wilton St, 1761 Redondo Ave and 1044 Cedar Ave. While the average home in Long Beach, CA is selling in 54 days, 436 Gaviota Ave has a days on market of 520 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 436 Gaviota Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 436 Gaviota Ave

Public county record property details
Beds
7
Baths
6
Year built
1923
Sq. Ft.
2,856
Lot Size
7,318
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7266-020-004

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$525,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$505,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
121
Median Sale to List Price %
96.19%
Avg Days on Market
34
Loan Type
Conventional (50%), FHA (3.57%), VA (3.57%), Cash (28.57%), Other (10.71%)

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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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