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Sold on 03/29/2017
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468 Gaviota Ave, Long Beach, CA 90802

  • $1,975,332

    Last sold 03/29/2017 for $1.87M

  • 4

    bed

  • 12

    bath

  • 5,938

    Sqft ($316/Sqft)

Multi-family not for sale
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About 468 Gaviota Ave

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 7,315 Sqft
Movoto estimate
Property description
This 4-bedroom, 12-bathroom multi-family property is located at 468 Gaviota Ave, Long Beach, CA, 90802, in the Franklin School neighborhood in Los Angeles County and was built in 1923. The property offers 5,938 square feet of living space on a 7,315 sq ft (0.1679-acre) lot.
Overview
Levels/Style Multi/Split
MLS # 24-391489
Type Residential Income
Status Active
SqFt 5938
Lot Size (SqFt) 7315
Lot Size (Acres) 0.1679
Year Built 1923
Interior
Total # of Baths 12
Total # of Bedrooms 4
Exterior
# Parking Spaces 5
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LBR1N
APN 7266-020-008
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 1725
Unit 1: Projected Rent 1395
Unit 1: Rent 1395
Unit 2: Rent 1550
Unit 3: Rent 1725
Unit 2: Furnished No
Unit 2: Projected Rent 1550
Unit 3: # Beds 2
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 1550
Unit 3: Actual Rent 1725
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1395
Total # Of Buildings 2
Net Operating Income 128000
Cap Rate 6.7
Vacancy Rate 0%
Gross Income 205000
Gross Operating Income 205000
Gross Rent Multiplier 9.3
Total Annual Expenses 71000
$1.97M
Range: $1.77M-$2.17M
Last 30 days 
  • Sep 2024
  • Sep 5, 2024 Delisted
    $1,900,000
  • Jun 3, 2024 Price Change
    $1,900,000 (-2.6%)
  • May 13, 2024 Listed
    $1,950,000 (+4.0%)
  • Mar 2017
  • Mar 29, 2017 Sold
    $1,875,000
  • Mar 27, 2017 Sold
    $1,875,000
  • Mar 10, 2017 Pending
    —
  • Feb 13, 2017 Listed
    $1,875,000
  • Feb 13, 2017 Listed
    $1,875,000
  • 468 Gaviota Ave
    $1.87M
  • Franklin School
    $325K -28% y/y
  • 90802
    $484K -3% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Burbank Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Franklin Classical Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Franklin School

Explore everything this neighborhood has to offer. Learn more about Franklin School.
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