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$ 1,995,000
Est. payment | /mo
1 Bed
2 Baths
$ 1,995,000
Est. payment | /mo
1 Bed
2 Baths
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
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Anaheim Blvd to Dawson north
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7261021020
Listed by Mike Marcu Mike Marcu, Broker
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”