927 Daisy AVE Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Listing Status Active
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
This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated – four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes. Recent exterior upgrades include a new roof, new exterior railings, improved decks and walkways and select window replacements. This property also offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs - the current owner passed the pre-planning stage with the City. More building features include a controlled-access gate for extra privacy and security and a community laundry room. This apartment community is located in a residential yet walkable pocket of Southwest Long Beach, near the heart of Downtown and the East Village Arts District.
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