1050 Gaviota Avenue 1050 Gaviota Avenue Long Beach, California 90813 United States
1050 Gaviota Avenue Long Beach, California 90813 United States
$4,675,000
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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,...
- .2864 Acres
- Exterior
- Residential Income
- Property type
- 1963
- Year Built
- PW23229192
- Web Id
- PW23229192
- MLS ID
- Alamitos Beach (AB)
- Subdivision
- 133
- days ago
About 1050 Gaviota Avenue
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.
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
- Parking
- Garage
- Community
- Sidewalks
PROPERTY INFORMATION
- Community Info
- Sidewalks
- Garage Info
- 8
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- Item1115UnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 14
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916
Listing Courtesy of Keller Williams - Santa Monica, Email/Phone : 310-463-2916