NOT LISTED FOR SALE

480 Gaviota Ave Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $974,000 - $1,184,943

4 Beds
2 Baths
1,800 Sq Ft
$606/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $675,000 $375 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,879/month

57 Days on Market

Highlights

  • 0.17 Acre Lot
  • Lawn
  • 4-minute walk to Miracle On Fourth Street Park
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of February 2019

Located in the heart of long beach walking distance to 4th street cafes and restaurants. This duplex offers as a great investment to buy and hold or fix and flip.

Last Agent to Sell the Property

Robert Colangeli

IET Real Estate License #01919489 Listed on: 10/11/2018

Last Buyer's Agent

Robert Colangeli

IET Real Estate License #01919489 Listed on: 10/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,318

Year Built

  • Built in 1921

Lot Details

  • 7,306 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 7266020010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,318

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7266020010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 375.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7306.00
  • Lot Size Acres: 0.1677

Multi Family

  • Lot Size Area: 7306.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5765.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Gutierrez Daniel Benjamin and Gutierrez Benjamin Martin
Bought by
Benjamin Gutierrez And Do1viitila Gutierrez L and Gutierrez
Current Estimated Value
$1,091,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jan 16, 2019
Sold by
Hernandez Miguel
Bought by
Gutierrez Daniel Benjamin and Gutierrez Benjamin Martin
Seller's Agent
Robert Colangeli
IET Real Estate
Buyer's Agent
Robert Colangeli
IET Real Estate
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$662,774
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1999
Sold by
Watts Leslie Ann
Bought by
Hillman Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,959
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1999
Sold by
Hillman Peter J
Bought by
Hernandez Miguel and Hernandez Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,959
Interest Rate
7.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Benjamin Gutierrez And Do1viitila Gutierrez L -- None Listed On Document
Gutierrez Daniel Benjamin $675,000 Provident Title Co
Hillman Peter J -- Chicago Title Co
Hernandez Miguel $188,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Daniel Benjamin $200,000
Previous Owner Gutierrez Benjamin Martin $165,122
Previous Owner Gutierrez Benajamin $660,490
Previous Owner Gutierrez Daniel Benjamin $662,774
Previous Owner Hernandez Miguel $510,000
Previous Owner Hernandez Miguel $150,000
Previous Owner Hernandez Miguel $91,000
Previous Owner Hernandez Miguel $310,000
Previous Owner Hernandez Miguel $260,000
Previous Owner Hernandez Miguel $35,800
Previous Owner Hernandez Miguel $184,567
Previous Owner Hernandez Miguel $186,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $675,000 -6.1% $375 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $719,000 -4.1% $399 / Sq Ft
10/16/2018 10/16/18 For Sale $750,000 +11.1% $417 / Sq Ft
10/11/2018 10/11/18 Off Market $675,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,318 $807,432 $568,145 $239,287
2024 $11,318 $869,101 $582,005 $287,096
2023 $9,447 $723,734 $503,934 $219,800
2022 $8,953 $709,544 $494,053 $215,491
2021 $8,777 $695,632 $484,366 $211,266
2020 $8,754 $688,500 $479,400 $209,100
2019 $3,543 $259,702 $137,776 $121,926
2018 $3,350 $254,611 $135,075 $119,536
2016 $3,075 $244,727 $129,831 $114,896
2015 $2,956 $241,052 $127,881 $113,171
2014 $2,945 $236,331 $125,376 $110,955
Source: Public Records

Agents Affiliated with this Home

  • Robert Colangeli

    Seller's Agent in 2019

    Robert Colangeli

    IET Real Estate

    (562) 686-1992

    98 Total Sales

    Robert Colangeli
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18248177

California Regional Multiple Listing Service (CRMLS)

APN: 7266-020-010

California Los Angeles County Long Beach 90802 North Alamitos Beach

480 Gaviota Ave, Long Beach, CA

This home is located at 480 Gaviota Ave, Long Beach, CA 90802 since 11 October 2018 and is currently estimated at $1,091,486, approximately $606 per square foot. This property was built in 1921. 480 Gaviota Ave is a home located in Los Angeles County with nearby schools including Burbank Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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