Active
927 Daisy Avenue
Long Beach CA, 90813
$4,100,000
$300.56 per sqft
Active
13,641 sqft
Residential
Built in 1964
Listed by Jeff Kim with eXp Realty of California, Inc. [email protected]
Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. There is a controlled-access gate for extra privacy and security for all tenants. A community laundry room is offered on the property and can acquire extra income. At 100% occupancy, this property has a CAP rate of 5.52%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.
PTP2407022
MLSⓇ ID
November 14, 2024
Listed
December 19, 2024
Updated
Map
927 Daisy Avenue
Long Beach CA, 90813
Interior Features
Total Stories
3
Appliances
Electric Range, Refrigerator
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Level
Sewer
Public Sewer
Other Property Details
Area Name
197 - Long Beach
Days on Market
14
Garage
Yes
Garage Spaces
8
Parking
Garage, On Street
Parking Total
8
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
Commercial
Listing History
Date | Event | Price |
|---|---|---|
12/19/2024 | Active | — |
12/16/2024 | Under contract | — |
11/27/2024 | Pending | — |
Listing Contact: 888-584-9427
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/19/2024 at 5:48 AM UTC