Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.
Off market
$1,220,000
5423 Dairy Ave, Long Beach, CA 90805
--beds
--baths
3,008sqft
Other
Built in 1929
-- sqft lot
$1,220,000 Zestimate®
$406/sqft
$2,677 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Source: BHHS broker feed,MLS#: TR23130001
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Estimated market value
$1,220,000