CA > Long Beach
Long Beach, CA 90813,927 Daisy Avenue
Long Beach, CA 90813,927 Daisy Avenue
Long Beach, CA 90813,927 Daisy Avenue
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Jeff Kim • eXp Realty of California, Inc.
$3,900,000
Est. payment /mo
13,641 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 13,641 sqft

Price per Sqft $285

MLS Listing ID 8P-2407022

Year Built 1964

Lot Size 7,559 Sqft

Property Description

Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. 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. At 100% occupancy, the CAP Rate: 6.17%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.

Location

State CA

County Los Angeles

Area Long - Long Beach (L)

Zoning Commercial

Interior

Laundry Community

Exterior

Parking Features Garage, Street

Garage Spaces 8.0

Pool None

Community Features Curbs, Sidewalks, Urban

View Y/N No

Building

Lot Description Level

Sewer Public Sewer

Others

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2407022

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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