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.
MLS #
CRSB24126848
MLS Source
California Regional MLS
Days on Site
109
Garage/Parking
Garage: 8 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
1036 1040 Dawson Ave is a Residential Income in Long Beach, CA 90804. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,795,000 and was built in 1960.
This address can also be written as 1036 1040 Dawson Ave, Long Beach, CA 90804.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 03, 2024. For the most current information, please contact Larson Harley, (949) 933-1112