$4,675,000
Active
36 Days Online
0 Beds0 Baths12,928 SQFT
Active
1050 Gaviota Avenue Long Beach, CA 90813
1050 Gaviota Avenue is a 14-unit asset, located in the in Long Beach, California. Built in 1963, the property is comprised of (1) 4BD/1BA, (3) 3BD/1BA + Den, (4) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA units. Spread across a 12, 474-square foot lot, the property has eight (8) garages and a laundry room on site providing additional income. The garages also offer the opportunity for ADU conversion. Priced at a 5.65% cap rate & 11.95 GRM, on actual rents, new ownership can stabilize the asset at a 6.07% cap rate and 11.34 GRM.
- Property TypeMulti-Family
- NeighborhoodAlamitos Beach (Ab)
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID NumberPW23229192
- Home Size Source N/A
- Year Built1963
- Lot Size0.2864 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1050 Gaviota Avenue Long Beach, CA 90813
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General Features
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.2864
- Water Public
- Garage Spaces 8
- Zoning LBR2N
- Listing Conditions Standard
Interior Features
- Laundry Features Individual Room
Exterior Features
- Pool Features None
- Lot 11-15 Units/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 4 - Downtown Area, Alamitos Beach
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Monthly Payment (Est.)
$22,616Copyright ©2024 Information is deemed reliable but not guaranteed.