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For sale
  • Listing Provided by: 

    Mike Marcu DRE #00919594 9496881224,

    Mike Marcu, Broker

    $1,995,000

    1323 Dawson Ave, Long Beach, CA 90804

    --beds
    --baths
    6,499sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $307/sqft
    $-- HOA

    What's special

    Single story construction
    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.
    226 days
    on Zillow
    |
    25
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 26, 2025 at 09:57am

    Listing Provided by:

    Mike Marcu DRE #00919594 9496881224,

    Mike Marcu, Broker

    Source: CRMLS,MLS#: OC25002272MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1323 Dawson Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,499
    • Total interior livable area: 6,499 sqft

    Property

    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,464 Square Feet
    • Features: 36-40 Units/Acre
    Details
    • Parcel number: 7261021020
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Urban
    • Subdivision: Other
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $307/sqft
    • Date on market: 1/4/2025
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Tenant pays: None
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