Current Listing | Excellent Investment Opportunity in North Long Beach
Johnnie Stiegler and Harrison Hyde of Lyon Stahl are pleased to present 5943 Gaviota Ave, an excellent investment opportunity to own two homes on a lot in North Long Beach, one of Long Beach’s strongest rental markets.
This property is listed at $798,800.
The front house is a well-maintained 2-bedrooms/1-bathroom unit with newer windows, a large living room area, and interior washer and dryer hookups.
The front unit is a perfect opportunity for an owner-user to occupy the unit and have the back unit supplement their mortgage payment or an investor to rent the unit at market rate (owner received $2000 a month rental income for the unit previously).
The back unit is a spacious 3-bedroom/2-bathroom and includes a large kitchen area, living room, and large master with an en suite bathroom. Upgrades to the back unit include plantation shutters, partial bathroom remodel, new appliances, fresh painting, and new flooring.
The back unit also includes a separate laundry room located behind the garage.
Each unit has its own 20’x30’ oversized 2-car garage located under the back 3-bedroom/2-bathroom unit as well as driveway parking for 4-5 vehicles.
There is a potential opportunity to convert one of the garages into an ADU, buyer to verify with the city.
More on this Property:
For Future Listings, Contact:
Harrison Hyde: [email protected]
Johnnie Stiegler: [email protected]