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.
Property Details
Price:
$1,192,500
MLS #:
26943911
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Neighborhood:
lkbllakebalboa
Listed Date:
Sep 3, 2026
Finished Sq Ft:
1,873
Total Sq Ft:
1,873
Lot Size:
7,433 sqft / 0.17 acres (approx)
Year Built:
1948
See this Listing
Schools
Interior
Appliances
Oven, Range, Disposal, Microwave, Dishwasher
Cooling
Central Air
Heating
Electric, Wall Furnace, Central
Interior Features
Ceiling Fan(s), Recessed Lighting, Open Floorplan
Levels
One
Exterior
Architectural Style
Modern
Common Walls
No Common Walls
Construction Materials
Wood Siding, Stucco
Direction Faces
West
Lot Features
Rectangular Lot, Back Yard, Lawn
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Driveway
Parking Spots
3
Parking Total
3
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Spa Features
None
Stories
1
Window Features
Double Pane Windows
Financial
Map
Community
- Address& 7532 Gaviota AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code91406
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 04, 2026
5,364
Single Family Listed
99
Avg DOM
526
Avg $ / SqFt
$1,978,422
Avg List Price
Property Summary
- & 7532 Gaviota AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 91406. It is listed for $1,192,500 and features 3 beds, 3 baths, and has approximately 1,873 square feet of living space, and was originally constructed in 1948. The current price per square foot is $637. The average price per square foot for Single Family listings in Los Angeles is $526. The average listing price for Single Family in Los Angeles is $1,978,422.
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& 7532 Gaviota AV
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