927 Daisy Avenue, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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927 Daisy Avenue, Long Beach, CA 90813

$3,900,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Jeff Kim | Jeff@kimrealtygroup.com
Lic#: 01959539
Broker: Courtesy of eXp Realty of California, Inc.

Co Listing Agent


Kathryn Deuth | katie@kimrealtygroup.com
Lic#: 01992613
Broker: Courtesy of eXp Realty of California, Inc.

Agent Remarks

This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated – four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes. Recent exterior upgrades include a new roof, new exterior railings, improved decks and walkways and select window replacements. This property also offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs - the current owner passed the pre-planning stage with the City. More building features include a controlled-access gate for extra privacy and security and a community laundry room. This apartment community is located in a residential yet walkable pocket of Southwest Long Beach, near the heart of Downtown and the East Village Arts District.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PTP2407022
List price is $3,900,000 Reduced by $200,000 on 1/9/2025
Price: $3,900,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1964
0.17 acres
Lot size: 0.1735
County: Los Angeles
Zoning: Commercial
Appliances: Electric Range,Refrigerator
Parking description: Garage,On Street
Lot description: Level
MLS area: 197 - Long Beach

Last Updated: 6/9/2025

 Days On Market (DOM): 248

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This listing belongs to the 197 - Long Beach MLS area

Lat/Long: 33.778369, -118.199724.
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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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