Incredible Investment Opportunity – Three Unit Property on a Huge Corner Lot! Don’t miss this rare chance to own a unique three-unit property totaling 3,573 sq. ft. of living space on an expansive 8,054 sq. ft. corner lot. The front house (7454 Gaviota Ave) offers 3 bedrooms and 1 bathroom across 1,093 sq. ft. and has been completely updated with modern finishes and newer appliances. It features its own gated parking, along with private front and side yards for added privacy. Behind it are two brand-new detached SB9 homes, each with modern design and thoughtful layouts: • 15950 Cohasset St – 1,240 sq. ft., 3 bedrooms, 2.5 bathrooms • 15952 Cohasset St – 1,240 sq. ft., 3 bedrooms, 2.5 bathrooms Each new unit is an investor’s dream, boasting: • Sleek modern kitchens with quartz countertops and stainless steel appliances • Central A/C, in-unit washer & dryer, and SOLAR PANELS for all three units — reducing utility costs significantly • Private entrances, individual yards, and dedicated parking for up to two cars per unit, plus ample street parking Located in a quiet, clean, and highly desirable neighborhood, this property offers both privacy and convenience. With oversized doors and hallways, the property also presents great potential for boarding care or assisted living uses. This is a turnkey, high-yield investment opportunity with flexibility for multi-generational living or strong rental income potential of over 6% capitalization rate.
Listed by Greg Chermakyan
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License #01232572
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Park Regency Realty
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818-381-2143
Last updated November 15, 2025
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Source: CRMLS #SR25260595
Listing Facts
TypeMulti-family
NeighborhoodLake Balboa
Days on Prevu5
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/14/2025
Listed by Park Regency Realty
$1,799,950
Property Details for 7454 Gaviota
Association
Amenities
Community Features: Street Lights, Sidewalks, Urban
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Property Condition: Turnkey
Roof: Composition, Shingle
Stories Total: 1
Window Features: Double Pane Windows
Year Built: 2025
Architectural Style: Traditional
Common Walls: 1 Common Wall
Construction Materials: Frame, Stucco
Entry Level: 1
Entry Location: Street
Features
Fencing: Vinyl
Road Frontage Type: City Street
Measurements
Building Area Total: 3,573
Building Area Units: Square Feet
Lot Features: Corner Lot, Rectangular Lot
Lot Size Acres: 0.18
Lot Size Area: 8,054
Lot Size Source: Assessor
Lot Size Square Feet: 8,054
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.4
Gross Income: $139,800.00
Operating Expense: $24,000.00
Taxes
Parcel Number: 2206022001
Interior
Features
Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Refrigerator, Dryer, Washer
Fireplace Features: Living Room
Fireplace: Yes
Flooring: Laminate, Tile
Interior Features: Quartz Counters, All Bedrooms Down
Other
Location
Tax Lot: 94
Parking
Parking
Carport Spaces: 2
Carport: Yes
Open Parking Spaces: 3
Parking Features: Attached Carport, Assigned
Parking Total: 5
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Laundry Closet, Laundry Room
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.