$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 #OC25002272
Listed
$2,400,000
+160.87%
05/28/2015
CLAW #15823379
Sold
$920,000
Schools & Community
Neighborhood:
Zaferia
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs
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
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