1323 DAWSON AVENUE, LONG BEACH CA 90804

  • 6,499 sq.ft.
  • 6,464 sq.ft. lot
offered at $1,995,000
MLS#:OC25002272
Status: Active // Property Type:
Project/Tract: other // County: Los Angeles // Year Built: 1923

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 Studio’s 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.

Listing Courtesy of Mike Marcu, Mike Marcu, Broker

Exterior Features

Exterior Features: Curbs, Urban
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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