5423 Dairy Avenue, Long Beach, CA 90805
-
Listed Price :
$1,388,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1929
Property Description
Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
5423 Dairy Avenue |
City |
Long Beach |
State |
CA |
Zip |
90805 |
County |
Los Angeles |
Listing Agent |
Ricardo Parada DRE #01120414 |
Courtesy Of |
Berkshire Hathaway HomeServices California Properties |
List Price |
$1,388,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Commercial/Residential |
Structure Size |
N/A |
Lot Size |
5,654 |
Year Built |
1929 |
Listing information courtesy of: Ricardo Parada, Berkshire Hathaway HomeServices California Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2024 at 3:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.