tomo logo

$2,400,000

Beds
Unknown
sq ft
Unknown

1323 Dawson Ave, Long Beach, CA 90804

1323 Dawson Ave

Long Beach, CA 90804

  • 29 days on market
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two 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 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.

Details

Property type

Apartment

Lot size

6,464 sq ft

Price per sq ft

Unknown

Year built

1923

Price History

01/04/2025
CRMLS

CRMLS #OC25002272

Listed
$2,400,000
+160.87%
05/28/2015
CLAW

CLAW #15823379

Sold
$920,000

Schools & Community

Neighborhood: 

Zaferia

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

Status: Active

Tomo last checked: 02/01/2025 at 7:30 PM

Listing updated: 01/23/2025 at 4:02 PM

Listed by: Mike Marcu, Mike Marcu, Broker Phone #: (909) 371-1322

MLS: CRMLS #OC25002272

CRMLS logo

Recently listed in Long Beach

$500,000|3 bd|2.0 ba|House
$999,900|3 bd|2.0 ba|House
$1,299,000|3 bd|2.0 ba|House
$900,000|3 bd|1.0 ba|House
$1,000,000|4 bd|3.5 ba|Condo
$699,900|3 bd|2.0 ba|House
$1,790,000|3 bd|3.0 ba|House