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Gwyn Goodman

ggoodmanrealty@aol.com +1(805) 443-5650

$ 3,900,000

Est. payment -/mo

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Active

927 Daisy AVE Long Beach, CA 90813

7,557 Sqft Lot

UPDATED:

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

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

Gwyn Goodman

Broker | License ID: 00779815

+1(805) 443-5650

Gwyn Goodman

927 Daisy AVE Long Beach, CA 90813

Key Details

Location

Interior

Exterior

Building

Others

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927 Daisy AVE