$2,490,000 - 1233 Daisy Avenue, Long Beach

  • 0Beds
  • Baths
  • 5,682SQ. Feet
  • 0.10Acres

CASH COW AND ADDED VALUE PROPERTY. By reviewing the rent rolls a Savy Investor will discover extremely high Gross Scheduled Income and a very favorable low Gross Scheduled Margin. This 13 unit listing sits on 2 side-by-side parcels and is being sold as one purchase. 1233 Daisy has 9 units and 1245-1247 Daisy has 4 units and as a result, the new owner will be buying a city block. This can be well seen in the Drone Video Virtual Tour. Each parcel has its own separate courtyard that is enjoyed by the tenants and a 1 community laundry room that provides extra income. The two properties have been modified to blend together for easy management. The entire complex has a very low vacancy rate due to the quality of the building condition and is located close to Long Beach's major transportation corridors. Property has been professionally managed to maintain high maintenance standards and low tenant turnover

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19111039
  • Price:$2,490,000
  • Bathrooms:0.00
  • Square Footage:5,682
  • Acres:0.10
  • Year Built:1922
  • Type:Residential Income
  • Style:Traditional
  • Status:Active

Community Information

  • Address:1233 Daisy Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Downtown (DT)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:0-1 Unit/Acre
  • Foundation:Combination

Additional Information

  • Date Listed:June 3rd, 2019
  • Days on Market:43
  • Zoning:LBR4N

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Provided By: Charles Brewer(01939550), Home Smart Realty Group.

Based on information from California Regional Multiple Listing Service, Inc. as of July 17th, 2019 at 6:22pm CDT. 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, 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.