Save
Ask
Tour
Hide
$4,675,000
252 Days Online
1050 Gaviota Avenue Long Beach, CA 90813
For Sale|Mixed Use|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 [email protected]
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 949-774-8692
Is this the home for you? We can help make it yours.
949-774-8692
Save
Ask
Tour
Hide
Mortgage Calculator
Monthly Payment (Est.)
$21,329Calculator 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.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$4,675,000
Days Online
252 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
| 8 months ago | Listing first seen online | |
| 10 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.2864
Garage
Yes
Garage Spaces
8
Number Of Stories
2
Parking Spaces
8
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
12928
Water Source
Public
Zoning
LBR2N
Interior Features
Laundry Features
Laundry Room
Save
Ask
Tour
Hide
Exterior Features
Pool Features
None
Community Features
Building Access
1
Community Features
Sidewalks
Financing Terms Available
Cash1031 Exchange
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
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.