Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
3 Baths
1,873 sqft

$1,192,500

7530 Gaviota Ave, Los Angeles CA, 91406

Price per sqft$636.68
Built in1948
Property size1,873 sqft
Property typeMulti-family

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
26943911

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

View
Yes
Pool
Yes

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

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Elite Representation Real Estate | CA DRE# 01498928 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/7/2026

.     

Powered by Luxury Presence