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$4,675,000
113 Days Online

1050 Gaviota Avenue
Long Beach, CA 90813

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
12,928
SqFt
$362
/SqFt
1963
Built
Subdivision:
Alamitos Beach (Ab)
County:
Los Angeles
Listed by Robert Stepp of Keller Williams - Santa Monica 310-463-2916

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1050 Gaviota Avenue1050 Gaviota Avenue1050 Gaviota Avenue1050 Gaviota Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$21,329
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$4,675,000
Days Online 
113 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,928 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2864 Acres
Year Built 
1963
MLS® Number 
PW23229192
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
4 months agoListing first seen online
General Features
Parking Spaces 
8
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.2864
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
8
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Laundry Room
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Exterior Features
Pool Features 
None
Lot 
Item1115 Units Acre
Community Features
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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