1323 Dawson Avenue Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25002272
Bedrooms 1
Lot Size 6,464 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 7.83% capitalization rate and 7.83 GRM on current rents, providing above-market cash flow from day one. With ten studios and two one-bedroom units, the propertys efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. On market rents, returns exceed a 9.17% capitalization rate and a 7.35 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash returns with additional upside.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 2