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1638 Gaviota Avenue
Long Beach, CA 90813
Sold
Fantastic investment opportunity! Back on the market at a HUGE PRICE REDUCTION! This value-add duplex is comprised of a back studio unit that will be delivered vacant at close of escrow and ready for renovations! The front 2-bedroom 1bath house has a large front and side yard. The tenant pays $2,300/month and has been living there for over four years and has a strong history of paying rent on time. Both units have separate gas and electric meters. There is a free standing, double car garage, perfect for an ADU conversion into 3 units (buyer to verify) with an after repair value (ARV) of $960,000. Located near Signal Hill and MacArthur Park, this neighborhood is truly in the path of progress and benefits from nearby development. If you're an investor looking for a value-add opportunity or an owner-occupant looking to get started in investment real estate, look no further!
PROPERTY INFORMATION
| MLS # | SB23087761 | Lot Size | 4,026 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 699,999
Price Per SqFt: $ 683 |
DOM | 715 Days |
| Address | 1638 Gaviota Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 1,025 Sq. Ft. |
| Postal Code | 90813 | Garage | 2 |
| County | Los Angeles | Year Built | 1921 |
| Bed / Bath | 2 / 0 | Parking | 2 |
| Built In | 1921 | Status | Closed |
| Sold Date | 2023-07-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | In Garage |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Range |
| Has Heating | Yes |
| Heating Information | Natural Gas |
| Room Information | Family Room, Kitchen |
| Has Cooling | Yes |
| Cooling Information | Gas |
| Flooring Information | Laminate, Tile |
| EntryLocation | Street |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Fair Condition, Wrought Iron |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $747
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/31/2023 | Sold | $715,000 |
| 06/20/2023 | Active Under Contract | $699,999 |
| 05/30/2023 | Price Change | $699,999 (-6.67%) |
| 05/22/2023 | Listed | $750,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Christopher Crosby, Buckingham Investments, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
