$1,388,000 - 5423 Dairy Avenue, Long Beach

  • 6Beds
  • 6Baths
  • 0SQ. Feet
  • 0.13Acres

Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.

Sales Agent

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

Essential Information

  • MLS® #:TR23130001
  • Price:$1,388,000
  • Bedrooms:6
  • Bathrooms:6.00
  • Acres:0.13
  • Year Built:1929
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Active
  • Listing Agent:Ricardo Parada
  • Listing Office:Berkshire Hathaway HomeServices California Properties

Community Information

  • Address:5423 Dairy Avenue
  • Area:7 - North Long Beach
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90805

Amenities

  • Parking Spaces:4
  • # of Garages:4
  • Pool:None

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:0-1 Unit/Acre

Additional Information

  • Date Listed:July 17th, 2023
  • Days on Market:282
  • Zoning:LBCMR

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 8:55pm 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.