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
- 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#: OC25002272
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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