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3 Beds
1,873 sqft

$1,192,500

7530 Gaviota Avenue, Los Angeles CA, 91406

Price per sqft$636.68
Built in1948
Property size1,873 sqft
Property typeResidential

Overview

Active

Listed Sep 3, 2026

Updated 1h ago

TWO RESIDENCES. MULTIPLE POSSIBILITIES. A SELLER READY TO GET CREATIVE! Offered at $1,195,000, 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.

$7,934/mo

Est. mortgage payment based on a $1,192,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26943911

Interior Features

Bedrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres
MLS provider logo

Listed by Roddy de la Garza, Stephanie Jex with Epique Realty
Listing Contact: 323-696-5375 

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