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$2,400,000
6 Days On Site
1323 Dawson AvenueLong Beach, CA 90804
For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
6,499
SqFt
$369
/SqFt
1923
Built
Subdivision:
other
County:
Los Angeles
Listed by Mike Marcu of Mike Marcu, Broker [email protected]
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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.
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Listing Snapshot
Price
$2,400,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
6,499 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1484 Acres
Year Built
1923
MLS® Number
OC25002272
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 days ago | Status changed to Active | |
| 6 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
General Features
Acres
0.1484
Number Of Stories
2
Property Sub Type
Apartment
Special Circumstances
Standard
SqFt Total
6499
Water Source
Public
Zoning
LBR2N
Interior Features
Laundry Features
None
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Exterior Features
Pool Features
None
Community Features
Building Access
1
Community Features
Curbs
Financing Terms Available
Cash1031 Exchange
MLS Area
7 - North Long Beach
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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