5423 Dairy Avenue
Long Beach, CA 90805
- – beds
- – baths
- – sqft
- 5,654 sqft lot
- 1929 build
- – on site
Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.
Listed By CRMLS_CA / Ricardo Parada / Berkshire Hathaway HomeServices California Properties / 626-826-9247
Last checked:
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Last updated Jan 30, 2024
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MLS# TR23130001 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/24
Jan 30, 2024
|
Price Changed | CRMLS_CA | $1,388,000 | -6.7% |
7/20/23
Jul 20, 2023
|
Listed / Active | CRMLS_CA | $1,488,000 | 27.2% (14.2% / YR) |
8/19/21
Aug 19, 2021
|
CRMLS_CA | $1,170,000 | 1.7% |