$3,795,000
Active
31 Days Online
0 Beds0 Baths10,556 SQFT
Active

1040 Dawson Avenue Long Beach, CA 90804

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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 TypeMulti-Family
  • NeighborhoodEastside (Es)
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site30 Days
  • MLS StatusActive
  • MLS ID NumberSB24126848
  • Home Size Source N/A
  • Year Built1960
  • Lot Size0.2986 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 16
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.2986
  • Water Public
  • Garage Spaces 8
  • Zoning LBR2N
  • Listing Conditions Standard

Interior Features

  • Laundry Features Common Area

Exterior Features

  • Pool Features None
  • Lot Lot 10000-19999 Sqft

Community Features

  • Community Features GolfSidewalks
  • Senior Community No
  • MLS Area 3 - Eastside, Circle Area

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Monthly Payment (Est.)

$18,437
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