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Property Description

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.

Features
2
1
: Common Area
0
: Sidewalks, Golf
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
SBHARLLAR
sb1310620
Larson
7262006020
: Standard
8
Two
25

Multi-Family For Sale

1036 Dawson Avenue, Long Beach, California 90804

10,556 Sqft
$3,995,000
Listing ID #SB24126848
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB24126848
Price : $3,995,000
Living Area : 10,556 Sqft
Lot Size : 13,009 Sqft
Year Built : 1960
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90804
Price Per Square Foot : $378
Subdivision : Eastside (ES)
ModificationTimestamp : 2024-06-20 17:39:23
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