1323 Dawson Avenue, Long Beach, CA 90804 - Berkshire Hathaway HomeServices California Properties

1323 Dawson Avenue, Long Beach, CA 90804

$1,995,000 Approx. USD 0 beds, 0 baths

Listing Agent


Mike Marcu | mike@mogharebi.com
Lic#: 00919594
Broker: Courtesy of Mike Marcu, Broker

Agent Remarks

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 Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# OC25002272
List price is $1,995,000 Reduced by $405,000 on 4/10/2025
Price: $1,995,000
Beds: 0
Baths: 0
Built in 1923
0.15 acres
Lot size: 0.1484
Subdivision: other
County: Los Angeles
Zoning: LBR2N
Lot description: ThirtySixToFortyUnitsAcre
MLS area: 7 - North Long Beach

Last Updated: 5/26/2025

 Days On Market (DOM): 188

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This listing belongs to the 7 - North Long Beach MLS area

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Lat/Long: 33.783178, -118.165776.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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