1323 DAWSON AVENUE, LONG BEACH CA 90804
- 6,499 sq.ft.
- 6,464 sq.ft. lot
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
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