CA > Long Beach
Long Beach, CA 90804,1323 Dawson AVE
Long Beach, CA 90804,1323 Dawson AVE
Long Beach, CA 90804,1323 Dawson AVE
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Mike Marcu • Mike Marcu, Broker
$1,995,000
Est. payment /mo
6,464 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25002272

Year Built 1923

Lot Size 6,464 Sqft

Source California Regional MLS

Property Description

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.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Laundry None

Exterior

Pool None

Building

Sewer Sewer Available

Water District - Public

Others

Tax ID 7261021020

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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