Property Details
About this Property
Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. 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. At 100% occupancy, this property has a CAP rate of 5.52%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.
MLS Listing Information
MLS #
CRPTP2407022
MLS Source
California Regional MLS
Days on Site
46
Interior Features
Appliances
Oven Range - Electric
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage, Off-Street Parking, Garage: 8 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Jeff Kim
eXp Realty of California, Inc.
License #: 01959539
Phone: (619) 948-3112
Co-Listing Agent
Kathryn Deuth
License #: 01992613
Phone: (253) 261-6359
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 11 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
927 Daisy Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 7,559 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,100,000 and was built in 1964. This address can also be written as 927 Daisy Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Jeff Kim, (619) 948-3112
