927 Daisy Avenue, Long Beach CA, 90813

Active

927 Daisy Avenue

Long Beach CA, 90813

$4,100,000

$300.56 per sqft

Active

13,641 sqft

Residential

Built in 1964

Listed by Jeff Kim with eXp Realty of California, Inc. [email protected]

16-unit apartment community located near the East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more. Each of the (16) units consists of 2 bedrooms and 1 bathroom. (6) of the units have been fully remodeled with updated flooring, modern kitchens, which include stainless steel appliances, updated bathrooms, and modern fixtures throughout. (2) additional units have been partially updated. Seller installed brand new railings, as well as a new roof has been installed. All units are metered separately, and double-pane windows have been installed to increase energy efficiency. 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. Additional income potential to convert the (8) garage spaces into (4) ADUs, seller has architectural plans and permitting in process. The pro-forma CAP rate based off of full occupancy is 5.55%, not including the ADUs.

PTP2407022

MLSⓇ ID

November 14, 2024

Listed

November 15, 2024

Updated

Map

927 Daisy Avenue
Long Beach CA, 90813

Interior Features

Total Stories: 3
Appliances: Electric Range, Refrigerator
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.17 Acres
Lot Features: Level
Sewer: Public Sewer

Other Property Details

Area Name: 197 - Long Beach
Garage: Yes
Garage Spaces: 8
Parking: Garage, On Street
Parking Total: 8
View: No
County: Los Angeles
Pool: No
Pool Features: None
Zoning: Commercial

Listing Contact: 888-584-9427

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/15/2024 at 3:41 PM UTC