1323 Dawson Avenue, Long Beach, CA 90804
-
Listed Price :
$2,400,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1923
Property Description
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1323 Dawson Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90804 |
| County |
Los Angeles |
| Listing Agent |
Mike Marcu DRE #00919594 |
| Courtesy Of |
Mike Marcu, Broker |
| List Price |
$2,400,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
6,464 |
| Year Built |
1923 |
Listing information courtesy of: Mike Marcu, Mike Marcu, Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 5th, 2025 at 1:00 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
