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5943 Gaviota Avenue, Long Beach, CA 90805

Duplex · 3 recorded sales since 2017

5943 Gaviota Avenue, Long Beach, CA 90805 Sold December 2020 CRMLS
$775,000Sold December 2020

Listing Agent: Harrison Hyde (DRE #01924379) · Listing Office: Lyon Stahl Investment Real Est · Contact: 310-425-9838 · Bought with: Albert McCray · T.N.G. Real Estate Consultants · MLS #PW20199317 · Source: CRMLS

4,890 sqft
Lot Size
1906
Year Built
Duplex
Type
2
Stories
4
Garage
Neighborhood
View

About this duplex

Excellent investment opportunity to own two homes on a lot in North Long Beach, one of Long Beach’s strongest rental markets. The front house is a well maintained 2-bedrooms/1-bathroom unit with newer windows, large living room area and interior washer and dryer hookups. The front unit is a perfect opportunity for an owner-user to occupy the unit and have the back unit supplement their mortgage payment or an investor to rent the unit at market rate (owner received $2000 a month rental income for the unit previously). The back unit is a spacious 3-bedroom/2-bathroom and includes a large kitchen area, living room and large master with an en suite bathroom. Upgrades to the back unit includes plantation shutters, partial bathroom remodel, new appliances, fresh painting, and new flooring. The back unit also includes separate laundry room located behind the garage. Each unit has its own 20’x30’ oversized 2-car garage located under the back 3-bedroom/2-bathroom unit as well as driveway parking for 4-5 vehicles. There is a potential opportunity to convert one of the garages into an ADU, buyer to verify with the city. The duplex is located near new developments in North Long Beach including The Uptown, Uptown Commons, and Canvas which are mixed use projects bringing new businesses and eateries to the area. Do not miss this chance to own a prime investment in one of Long Beach’s most rapidly appreciating housing markets.

Listing description from the December 2020 sale, as reported to CRMLS.

Sale history

$775,000
Sold December 2020 · listed $798,800, orig. $799,000, on market September 2020 · MLS #PW20199317 · Source: CRMLS
Listing Agent: Harrison Hyde · Listing Office: Lyon Stahl Investment Real Est · Contact: 310-425-9838 · Bought with: Albert McCray · T.N.G. Real Estate Consultants
$652,000
Sold October 2019 · listed $640,000, on market August 2019 · MLS #OC19204063 · Source: CRMLS
Listing Agent: Glenn Liboon · Listing Office: Realty One Group Diamond · Contact: 562-444-8940 · Bought with: Glenn Liboon · Realty One Group Diamond
$570,000
Sold April 2017 · listed $559,000, on market November 2016 · MLS #PW16746774 · Source: CRMLS
Listing Agent: Barbara Betts · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Jasmin Lovett · Lovett & Associates, REALTORS
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