5815 Gaviota, Long Beach, California 90805, Long Beach, 90805 - 2 bed, 1 bath
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5815 Gaviota
Long Beach, California 90805
ACTIVE
CONDITION: FAIR
2Beds
1Baths
780Sq Ft
1,740Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$539,335
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $539,336 Fair Market Value. While the home carries a Condition Rating of 4, its functional floor plan and North Long Beach location provide a solid foundation for value-add renovations. The property offers a strategic entry point for those looking to build equity through cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable project in a commuter-friendly neighborhood.
Estimated Market Value
$539,335
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1934 with interior renovations (oak cabinets and laminate flooring) that appear to be 15-25 years old. The home is functional and move-in ready but dated, featuring an older wall heater and basic electrical, requiring cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Conveniently situated in North Long Beach with immediate access to major freeways, shopping, dining, and schools, making it an ideal hub for commuters.
- Value-Add Potential
The property features a functional floor plan with significant opportunities for updates and personalization, allowing investors or homeowners to build equity through renovation.
- Entry-Level Affordability
Priced at $550,000, this property offers a rare entry-level opportunity to own a detached single-family residence in the competitive Long Beach real estate market.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 780 square feet, the interior living area is quite compact for a two-bedroom home, which may feel restrictive for growing families or those needing extra storage.
- Minimal Lot Size
The 1,740 square foot lot is exceptionally small for a single-family home, offering very little outdoor space for gardening, entertaining, or future structural expansions.
About 5815 Gaviota
Charming 2-bedroom, 1-bath single-family home located in North Long Beach. Built in 1934, this home offers approximately 780 square feet of living space on a 1,740 square foot lot. The functional floor plan provides a comfortable living area with opportunities to update and personalize. Conveniently located near shopping, dining, parks, schools, and major freeways, offering easy access for commuting. Ideal for first-time buyers, investors, or those looking to downsize. Buyer to verify all information, including square footage, lot size, permits, and property condition to their satisfaction.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1934
- Lot Size
- 1,740 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 780 | 1,519.995 |
| Lot Size | 1,740 | 5,807.524 |
| Price | $550.0K | $1.03M |
| Price per sq ft | $705 | $728 |
| Built year | 1934 | 1948 |
| HOA | $0 | $259 |
| Days on market | 14 | 48 |
Pricing History
Listed for Sale
Aug 26, 2026
$550,000
Initial Listing
Sold
Jan 4, 2013
$180,000
Public Record
Sold
Oct 28, 2009
$120,000
Public Record
Sold
Jun 28, 1995
$79,000
Public Record