1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studios and 2 one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 7.5% range and an attractive Market GRM, this property offers a strong cash flow investment opportunity.
Number of Units : 12
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bathrooms : 1
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 1
Unit 2 : Total Bathrooms : 1
Sewer/Septic : Sewer Connected
Site : Curbs
Zoning : Assessor
Street Address: Address not disclosed
City: Long Beach
State: California
Postal Code: 90804
County: Los Angeles
MLS Number: OC25002272
Courtesy of Mike Marcu, Broker
City: Long Beach
State: California
Postal Code: 90804
County: Los Angeles
MLS Number: OC25002272
Courtesy of Mike Marcu, Broker
Courtesy of Keller Williams Realty Downey
