Homes for sale - 927 Daisy AVE, Long Beach, CA 90813

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Alana King

alana@soldbyalanaking.com +1(805) 242-2114

$ 4,100,000

Est. payment | -/mo

7,557 Sqft Lot

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$ 4,100,000

Est. payment | -/mo

Save Video Tour

7,557 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PTP2407022

HOA Y/N No

Year Built 1964

Lot Size 7,557 Sqft

Lot Dimensions Assessor

Property Description

16-unit apartment community located near the East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more. Each of the (16) units consists of 2 bedrooms and 1 bathroom. (6) of the units have been fully remodeled with updated flooring, modern kitchens, which include stainless steel appliances, updated bathrooms, and modern fixtures throughout. (2) additional units have been partially updated. Seller installed brand new railings, as well as a new roof has been installed. All units are metered separately, and double-pane windows have been installed to increase energy efficiency. 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. Additional income potential to convert the (8) garage spaces into (4) ADUs, seller has architectural plans and permitting in process. The pro-forma CAP rate based off of full occupancy is 5.55%, not including the ADUs.

Location

State CA

County Los Angeles

Area 197 - Long Beach

Zoning Commercial

Interior

Fireplace No

Appliance Electric Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Garage, On Street

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks, Urban

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Lot Description Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7271021044

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jeff Kim • eXp Realty of California, Inc. • Jeff@kimrealtygroup.com

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

927 Daisy AVE Long Beach, CA 90813