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Image 1 - 468 Gaviota Ave, Long Beach, California, 90802 - House for sale
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Home For Sale In Long Beach, California
468 Gaviota Ave, Long Beach, California, 90802

Home For Sale In Long Beach, California

house for sale
12 views
Listed: 05/17/24

468 Gaviota Ave, Long Beach, California, 90802

4 Bed:
12 Bath:
5,938 Sq Ft Living Area:
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Price
$ 1,95M
Price:  Increased

About This House

Priced to sell. 9.5 grm and 6.6% CAP on actual rents with upside to a 7.1% Cap. only $328/sf. 12 units in Long Beach subject toAB 1482rent control - maximum annual increase of 5% + CPI. Located on the East Side of Long Beach just blocks from Retro Row - with all the cute shops and restaurants. The property is professionally managed and well maintained. There are 4 garages in the rear of the property - potential ADU opportunity - Buyer to verify. Additionally, only two of these spaces are leased, leaving rental upside by leasing the other two. The property features a TPO roof that is in good condition . email listing agent for more info including a rent roll .

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 4 bed houses for sale in/near Long Beach, United States averaged $1,364,038, a decrease of 20.6% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of June 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.