1370 Gaviota Avenue

    Long Beach, CA 90813
    • $2,099,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: OC18113884
    $2,099,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,384
      SQFT
    • $390
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This pride of ownership property is located in the MacArthur Park neighborhood of Long Beach, just minutes away from Downtown. Extensively renovated in 2018, this 2-story building features Eight (8), 2 Bedroom / 1 Bath Units. The recent renovations to select units include, vinyl and tile flooring, newer appliances, updated bathrooms, and beautiful granite countertops. Exterior renovations include an entire face lift of the property, new drought resistant landscaping, and a courtyard picnic area. Additional, amenities include on-site parking, gated entrance, and on-site laundry room. This prime location offers tenants convenient access to Downtown Long Beach, boutique shopping and dining, and beautiful beaches along the Pacific Coast.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-20T00:29:45.943. 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.
    www.playavistaliving.com/homes/83592564

    1370 Gaviota Avenue Long Beach, CA 90813

    • Price: $2,099,000
    • Status: Active
    • ID#: OC18113884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,384
    SQFT
    $390
    $/SQFT
    1960
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    This pride of ownership property is located in the MacArthur Park neighborhood of Long Beach, just minutes away from Downtown. Extensively renovated in 2018, this 2-story building features Eight (8), 2 Bedroom / 1 Bath Units. The recent renovations to select units include, vinyl and tile flooring, newer appliances, updated bathrooms, and beautiful granite countertops. Exterior renovations include an entire face lift of the property, new drought resistant landscaping, and a courtyard picnic area. Additional, amenities include on-site parking, gated entrance, and on-site laundry room. This prime location offers tenants convenient access to Downtown Long Beach, boutique shopping and dining, and beautiful beaches along the Pacific Coast.
    Exterior Features

    Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Units Square Feet Parking Features On SiteUncovered Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.58 Community Features Sidewalks Country Us Electric Expense 480.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 137657.00 Gross Operating Income 135257.00 Gross Scheduled Income 139440.00 Insurance Expense 2066.00 Land Lease YN No Laundry Income 2400.00 Laundry YN Yes Licenses Expense 585.00 Maintenance Expense 4000.00 Net Operating Income 96057.00 New Taxes Expense 25575.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 41600.00 Other Income1 3600.00 Pest Control Expense 660.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 41600.00 Trash Expense 0.00 Water Sewer Expense 5394.00 Water Source Public Zoning Lbr2n

    Listing provided courtesy of Pat Swanson of Pat Swanson.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-20T00:29:45.943. 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.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094