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.
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
Est.:
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$307/sqft
$-- HOA
What's special
Single story construction
- 216 days
- on Zillow |
- 31 |
- 1 |
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