$ 1,192,500
-
$1,192,500
Price -
3
Bed -
3
Bath -
1,873
SqFt -
0.17
Acre
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Open House Times
- Sun. Nov. 08 at 12:00pm to 2:00pm
About the Listing X83523 - C123107
TWO RESIDENCES. MULTIPLE POSSIBILITIES. A SELLER READY TO GET CREATIVE! Offered at $1,192,500, this substantially improved, fully vacant two-residence property presents an exceptional opportunity for investors, owner-occupants, and buyers seeking flexibility in today's market. The seller is open-minded and willing to consider creative proposals that make sense for both parties, including a traditional purchase, lease-option, leasing one or both residences, or potentially a cash-to-existing-financing structure utilizing an attorney-drafted subject-to agreement, where legally permissible and acceptable to all parties. The property features a beautifully renovated 2-bedroom, 2-bath main residence plus a permitted, newly constructed 1-bedroom, 1-bath ADU with private access and its own outdoor area. The main residence also offers a former third bedroom with a closet, now configured as a flexible office, den, or creative workspace. Major improvements include plumbing, electrical, HVAC, sewer connection to the ADU, tankless water heater, pool finish, landscaping, gates, driveway, and more. Additional features include a private swimming pool, multiple outdoor spaces, and off-street parking for up to three vehicles. Both residences are vacant, with projected combined rental income of approximately $7,390 per month, or $88,680 annually. Based on projected rents and expenses, the property calculates to an estimated 13.48 pro forma GRM and 5.2% pro forma cap rate. Purchase it. Lease it. Live in one and rent the other. Bring your ideas. The seller is prepared to consider a well-structured proposal from the right buyer or investor. Any creative financing arrangement is subject to negotiation, legal documentation, applicable loan provisions, and approval of the parties. Existing financing is not represented as assumable. Financial projections are estimates only and should be independently verified.
Listing Highlights for 7530 Gaviota Ave
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Microwave, Oven, Range, Built-In Gas
- Air Cond: Air Conditioning,Central,Wall Unit(s)
- Heating: Central,Electric,Wall
- Fireplaces:
- Floor: Wood Laminate
- Basement:
- Other: Double Shower,Double Vanity(s),Remodeled,Shower Over Tub,Shower Stall,Tile,Primary Bedroom,Dressing Area,Open Floor Plan,Recessed Lighting,Stone Counters,Open to Family Room,Breakfast Bar,Living Room,Utility Room,Study/Office
- Water:
Exterior Details
- Lot Description: Back Yard,Fenced Yard,Lot Shape-Rectangular,Lawn,Single Lot,Walk Street
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 55x135
- Zoning: LAR1
- Roof:
- Others: Updated/Remodeled,New Construction
- Sewer: In Connected and Paid
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
7530 Gaviota Ave Los Angeles, CA 91406
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