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927 Daisy Avenue, Long Beach, CA 90813

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For Sale

$4,100,000

30 beds • 13,641 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $300.56
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# PTP2407022

Courtesy Of eXp Realty of California, Inc.

(888) 584-9427

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other

Map and Directions

Directions to 927 Daisy Avenue, Long Beach, CA 90813

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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