7530 Gaviota Ave , Los Angeles, CA 91406
$1,192,500
Est. Payment: $6,217.46/mo
3 Bed
3 Bath
1873 Sqft
0.17 Acres
Status: active | Days on site: 62
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CLW-X83523 - CLW-C123107,CLW-X86961
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House Description

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.

Highlights

Listed by Roddy de la Garza , 323-696-5375 and Stephanie Jex , 818-317-3271 Epique Realty , 888-893-3537. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1948

County

Los Angeles

Area

LKBL - Lake Balboa

Listing ID

26943911

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
Appliances:Dishwasher, Disposal, Microwave, Oven, Range
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Ceiling Fan(s), Open Floorplan, Recessed Lighting, Utility Room

Exterior Features

Lot:Back Yard,Lawn,Rectangular Lot,No Land Lease
Lot Dimensions:55x135
Garage Capacity:3
Zoning:LAR1
Others:
  • ▪ Additional:Updated/Remodeled, Stucco, Wood Siding, 2+ Total Units, Has ADU
Sewer:Sewer Tap Paid
Parking Features:Driveway
Principal Interest
$6,217
Taxes
$760

Home Price

$1,192,500

Loan Details

30 yrs
6.797%

Down Payment

20%
$238,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,217.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,217.46 $760.22 $0.00 $6,977.68
Yearly $74,609.52 $9,122.63 $0.00 $83,732.14
Total $2,238,285.60 $273,678.75 $0.00 $2,511,964.35

Today's Rates

30 Year

6.8%

20 Year

6.7%

15 Year

6.41%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-10T01:36:50.000Z

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