1323 Dawson Avenue Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,499 sqft
Price per Sqft $306
MLS Listing ID CROC25002272
HOA Y/N No
Year Built 1923
Lot Size 6,464 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
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 Studio’s 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Water Public