CA > Long Beach
Long Beach, CA 90804,1323 Dawson Avenue
See all 3 photos
Long Beach, CA 90804,1323 Dawson Avenue
Long Beach, CA 90804,1323 Dawson Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
18
May
Mon
19
May
Tue
20
May
Don Pelletier

Don Pelletier

+1(858) 336-1114
$ 1,995,000
Est. payment /mo
Save
Price Dropped by $405K

1323 Dawson Avenue Long Beach, CA 90804

1 Bed

2 Baths

6,464 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25002272

Bedrooms 1

HOA Y/N No

Lot Size 6,464 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studios and 2 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 7.5% range and an attractive Market GRM, this property offers a strong cash flow investment opportunity.
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studios and 2 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 7.5% range and an attractive Market GRM, this property offers a strong cash flow investment opportunity.

Location

State CA

County Los Angeles

Area Long Beach (90804)

Zoning Assessor

Building

Lot Description Curbs

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Others

Monthly Total Fees $165

Acceptable Financing Cash, Exchange

Space Rent $1,505

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Mike Marcu • Mike Marcu, Broker
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Don Pelletier Group, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1323 Dawson Avenue

QUICK SEARCH

There are 17 quick searches