NOT LISTED FOR SALE
16 Beds
16 Baths
7,000 Sq Ft
6,085 Sq Ft Lot

Last Sold January 29, 2019

Last sale price $2,050,000 $293 Per Sq Ft

33 Days on Market

About This Home

As of January 2019

This home is located at 1025 Gaviota Ave, Long Beach, CA 90813 since 14 November 2018. This property was built in 1987. 1025 Gaviota Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Byron Field

Keller Williams Larchmont License #01934775 Listed on: 11/14/2018

Keller Williams Larchmont

Last Buyer's Agent

ELAINE LEE HO

UPGRADE REALTY License #01041593

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,085

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Additional Features

  • 6,085 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 7267-011-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This three-story 9 unit building located on the Eastside of Long Beach was constructed in 1987 consisting of 2 - 1bd and 7 - 2bd + 2ba units w/balconies. There's also a laundry room that can be used for added income along with a carport featuring 9 storage units and 12 parking spaces. Recently updates include the following: 7 yr old roof, granite counter tops, tubs, sinks and wood laminate flooring throughout. This location offers significant rental upside with solid growth continuing.
  • Living Area: 7000
  • Stories: 3
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 292.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 12
  • Parking Garage: Carport
  • Total Parking: 12

Utilities

  • Heating: Wall
  • Water Expense: 4320.00

Fee Information

  • Insurance Expense: 3850.00
  • Maintenance Expense: 4950.00
  • Management Expense: 9612.00

Lot Info

  • Assessed Improvement Value: 735649
  • Assessed Land Value: 396115
  • Assessor Parcel Number: 7267-011-011
  • Geocode Override: No
  • Lot Size Area: 6085

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 12.80
  • Number Of Units: 9
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 25625.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 For Sale $2,050,000 0.0% $293 / Sq Ft
01/29/2019 01/29/19 Sold $2,050,000 0.0% $293 / Sq Ft
01/04/2019 01/04/19 Off Market $2,050,000 -- --
11/14/2018 11/14/18 Price Changed $2,050,000 -8.9% $293 / Sq Ft
11/14/2018 11/14/18 For Sale $2,250,000 -- $321 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,683 $2,286,809 $1,561,724 $725,085
2024 $29,683 $2,241,970 $1,531,102 $710,868
2023 $29,179 $2,198,011 $1,501,081 $696,930
2022 $27,394 $2,154,914 $1,471,649 $683,265
2021 $26,831 $2,112,662 $1,442,794 $669,868
2019 $15,893 $1,185,385 $412,117 $773,268
2018 $15,448 $1,162,298 $404,037 $758,261
2016 $14,200 $1,109,574 $388,349 $721,225
2015 $13,647 $1,092,908 $382,516 $710,392
2014 $13,587 $1,071,501 $375,024 $696,477
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-407632

The MLS