5423 Dairy Avenue

Long Beach, CA 90805

$1,388,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $461 / sqft

1929

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 5423 Dairy Avenue
City Long Beach
State CA
Zip 90805
County Los Angeles
Listing Agent Ricardo Parada DRE#01120414
Courtesy Of Berkshire Hathaway HomeServices California Properties
MLS TR23130001
List Price $1,388,000
Status Active
Type Residential Income
Subtype Commercial/Residential
Structure Size N/A
Lot Size 5,654
Year Built 1929
DOM 196

Exterior Information

Maps

Listing information courtesy of: Ricardo Parada, Berkshire Hathaway HomeServices California Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2024 at 3:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.