1036 Dawson Avenue
Long Beach, CA 90804
0.30 acres | #SB24126848
Description
We are pleased to present 1036-1040 Dawson Ave, Long Beach. Consisting of two side-by-side 7 unit buildings on separate parcels (14 units in total), the property boasts a desirable unit mix of (6) 2-bed/1-bath units and (8) 1-bed/1- bath units on a 13,009 sq ft lot. There are a total of (8) 1-car garages with tandem parking, along with a laundry room at each building and a new 100 gallon water heater. The garages are separately leased to provide additional income, and there is over 20% in upside rent potential. Located less than a mile from vintage shopping and trendy dining options on Retro Row, this is an excellent value-add investment opportunity offering growth, stability, and a hedge against inflation.
Property Details
- Stories2
Measurements
- Acres0.2986
Parking
- Parking Spaces8
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1960
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionEastside (ES)
Location
- CountyLos Angeles
Financial Details
- Original List Price$3,995,000
Other
- MLS #SB24126848
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Larson Harley (#SBHARLLAR)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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