Price
$ 775,000
$74,000 Price cut
$ est. monthly payment
1471 Gaviota Avenue, LONG BEACH, CA 90813  

1471 Gaviota Avenue, LONG BEACH, CA 90813  

With an estimated proforma cap rate of 6.05%, this well located duplex has four actual rentable units and offers a fantastic opportunity for a savvy and creative investor to capitalize on its unique unit make up. The property consists of a 4/3 unit and a 2/1, consisting of two 2/1 bungalows and two additional 1/1 rental spaces above four garages. Use it as two units, three units, four units, rooms for rent or any combination of the above. The front house is a remodeled detached two bedroom one bath with a great layout, separate front yard and a cute side yard. It would be perfect for an owner occupant. The second unit has two bedrooms and one bathroom downstairs and a staircase in back which leads to two more bedrooms and bathrooms divided by a landing with a separate entrance to the courtyard. Rent the second unit as a 4/3 or rent the spaces separately to earn even more income. The beauty of this property is its limitless potential! There is cute courtyard between the buildings and plenty of room on the lot for gardening, enjoying the outdoors, or for kids to play. Four roomy garages are around back with easy alley access. This is a great property in a fantastic neighborhood to own rentals!

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  • Listing Type Multi-Family
  • Listing ID PW19172897
  • Lot Size 6,508.00 sqft
  • Listing Status Active
  • Year Built 1921
  • County Los Angeles
  • Subdivision Poly High (Ph)
  • Units 2
  • Garage 4.0
  • Zoning LBR2N
  • TaxID 7261014011
Listing courtesy of Lorri Quiett~Vylla Home, Inc.

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  2. Down Payment optional for VA Loans. No PMI is required.
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    *This option is for a conforming mortgage. For amounts exceeding $484,350, you may need a jumbo mortgage.

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Price History

Date Listed at or
9/27/2019 $775,000 $74,000
8/26/2019 $849,000 $26,000
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Sold Info

Date Sold for * Help Change
07/08/2003 $387,000 N/A
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