NOT LISTED FOR SALE

2280 Gaviota Ave Signal Hill, CA 90755

10 Beds
5 Baths
3,400 Sq Ft
5,001 Sq Ft Lot

Last Sold October 13, 2017

Last sale price $1,350,000 $397 Per Sq Ft

95 Days on Market

Highlights

  • 8 Car Attached Garage
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Signal Hill Park

About This Home

As of October 2017

This fully renovated/turkey five (5) unit building located at 2280 Gaviota Ave in the highly desirable market of Signal Hill.Constructed in 1959 with 3,400 rentable sf on a 5,100 sf lot, this freshly painted building consists of separately metered two-bedroom/one-bathroom units that wereall recently renovated with brand-new granite counter tops, dark hardwood flooring, two-tone grey colored tiling in the bathrooms along with brand-new sinks, tubs and toilets. For added income the building does offer on-site laundry along with four (4) single car garages that we're all recently replaced as well. Signal Hill is an enclave completely surrounded by Long Beach and afford residents the ability to be surrounded by single family homes with a close proximity to major box retailers (Home Depot, Costco, Best Buy etc). Less than a mile away from Hilltop Park and Sunset View Park, Circle Area Shopping, and an 18-hole golf course.

Last Agent to Sell the Property

Byron Field

Keller Williams Larchmont License #01934775 Listed on: 06/12/2017

Keller Williams Larchmont

Last Buyer's Agent

Elaine Hutchison

License #00278514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 8 Car Attached Garage

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 7215-007-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3400
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 411.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 2870.00
  • Maintenance Expense: 2750.00
  • Management Expense: 5130.00

Lot Info

  • Assessed Improvement Value: 274531
  • Assessed Land Value: 77201
  • Assessor Parcel Number: 7215-007-008
  • Geocode Override: No
  • Lot Size Area: 5001

Rental Info

  • Monthly Gross Income: 8550.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.64
  • Gross Scheduled Income: 102600.00
  • Gross Spendable Income: 97470.00
  • Number Of Units: 5
  • Rent Control: 0%
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 17488.00

Range of Values:

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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
10/13/2017 10/13/17 Sold $1,350,000 -3.5% $397 / Sq Ft
06/12/2017 06/12/17 For Sale $1,399,000 -- $411 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-240910

The MLS