For more information regarding the value of a property, please contact us for a free consultation.
745 Gaviota AVE Long Beach, CA 90813
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $155
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW13195536
Sold Date 04/15/14
HOA Y/N No
Year Built 1924
Lot Size 6,708 Sqft
Property Description
We are proud to present a six-unit apartment complex located at 745 Gaviota Avenue in Long Beach, California. Built in 1924 and renovated in 2013, the property consists of approximately 5,472 rentable square feet with a lot size of 6,726 square feet. The newly renovated building consists of all very large onebedroom/one-bath units, with many upgrades throughout including hard wood floors, new carpet, granite countertops, and new kitchen cabinets in most units. Other upgrades include new windows and doors. Tenants enjoy laundry hookups in each unit, individual air conditioning units, huge closets, and one one-car garage. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is currently undergoing $4.4 billion in future redevelopment that will also create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse recently was completed and just opened the mid September. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is a great opportunity for any investor looking for a newly renovated, well-maintained property in a very strong rental location, with strong cash flow potential.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Exterior
Garage Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Parking Type Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Three Or More
Entry Level Three Or More
Sewer Unknown
Water Public
Level or Stories Three Or More
Others
Tax ID 7267028010
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Bought with Craig Kuhlman • Boardwalk Properties