NOT LISTED FOR SALE

477 Gaviota Ave Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $1,005,573 - $1,220,000

4 Beds
4 Baths
2,539 Sq Ft
$428/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2020

Last sale price $850,000 $335 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,923 / mo

Highlights

  • Ocean Side of Highway 1
  • 0.15 Acre Lot
  • Spanish Architecture
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • 3-minute walk to Miracle On Fourth Street Park

About This Home

As of March 2020

Spanish Beauty but in need of work. Garage fire damage and major repairs needed. 4 Stairwells and plumbing require replacement. Major Termite damage. Heating systems require service.

Last Agent to Sell the Property

Sergio Macias

Seven Gables Real Estate License #01247110 Listed on: 03/20/2020

Last Buyer's Agent

Sergio Macias

Seven Gables Real Estate License #01247110 Listed on: 03/20/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,699 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Needs Fence Repair
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Back Yard
  • Zero Lot Line

Parking

  • 4 Car Garage
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Fixer Upper
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,539 Sq Ft Home
  • Decorative Fireplace
  • Wood Frame Window
  • Living Room with Fireplace

Kitchen

  • Galley Kitchen
  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 5
  • Tax Tract Number 4
  • Assessor Parcel Number 7266019006

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,800
  • Maintenance Expense $2,655
  • Professional Management Expense $3,186
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $10,625
  • Operating Expense $23,859
  • Gross Income $75
  • Net Operating Income $29,261

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

6,699 Sq Ft Lot

Parking

4

Listing Details

  • Professional Management Expense: 3186.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: 4th Street Tract
  • View: No
  • Water Sewer Expenses: 2000.00
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7266019006
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Decorative
  • Levels: Two
  • Price Per Square Foot: 334.78
  • Room Type: Galley Kitchen, Living Room, Walk-In Closet
  • Window Features: Wood Frames

Exterior Features

  • Fence: Yes
  • Fencing: Needs Repair, Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Off Street, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Rectangular Lot, Sprinklers In Front, Zero Lot Line
  • Lot Size Sq Ft: 6699.00
  • Lot Size Acres: 0.1538

Rental Info

  • Garage Rental Rate: 75.00
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Garage Income: 75.00
  • Gross Income: 75.00
  • Gross Scheduled Income: 53100.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6699.0000 Square Feet
  • Maintenance Expense: 2655.00
  • Net Operating Income: 29261.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 23859.00
  • Rent Control: No
  • Total Actual Rent: 4350.00
  • Total Expenses: 23859.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Area: 5500
  • Tax Census Tract: 5765.03
  • Tax Lot: 5
  • Tax Tract Number: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Mar 4, 2020
Sold by
Bought by
Seller's Agent
Sergio Macias
Seven Gables Real Estate
Buyer's Agent
Sergio Macias
Seven Gables Real Estate
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,087,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,893
Avg. Annual Appreciation
4.02%
Original Mortgage
$609,500
Outstanding Balance
$538,770
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$549,123

Purchase Details

Listed on
Mar 20, 2020
Closed on
Feb 19, 2020
Sold by
Bought by
Seller's Agent
Sergio Macias
Seven Gables Real Estate
Buyer's Agent
Sergio Macias
Seven Gables Real Estate
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,500
Outstanding Balance
$538,770
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$549,123

Purchase Details

Closed on
Feb 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,300
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,300
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 3, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
7.51%

Purchase Details

Closed on
Dec 16, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
9.08%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
9.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Fidelity National Title
-- Fidelity National Title
-- None Available
-- First American Title Ins Co
-- --
-- --
-- Ltc
$559,000 Ltc
$265,000 North American Title Co
-- American Title Co
-- --
$167,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $609,500
Previous Owner $391,300
Previous Owner $212,000
Previous Owner $122,250
Previous Owner $116,900
Closed $39,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $850,000 0.0% $335 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $850,000 -- $335 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,560 $929,596 $601,503 $328,093
2024 $12,014 $911,369 $589,709 $321,660
2023 $11,812 $893,500 $578,147 $315,353
2022 $11,092 $875,981 $566,811 $309,170
2021 $10,869 $858,806 $555,698 $303,108
2020 $9,277 $727,011 $481,011 $246,000
2019 $9,168 $712,763 $471,580 $241,183
2018 $8,875 $698,794 $462,334 $236,460
2017 $8,780 $684,799 $453,269 $231,530
2016 $8,160 $671,373 $444,382 $226,991
2015 $7,833 $661,289 $437,707 $223,582
2014 $7,784 $648,336 $429,133 $219,203
Source: Public Records

Agents Affiliated with this Home

  • Sergio Macias

    Seller's Agent in 2020

    Sergio Macias

    Seven Gables Real Estate

    (562) 438-0910

    1 in this area

    16 Total Sales

    Sergio Macias
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20060685

California Regional Multiple Listing Service (CRMLS)

APN: 7266-019-006

California Los Angeles County Long Beach 90802 North Alamitos Beach

477 Gaviota Ave, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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