CA > Long Beach
Long Beach, CA 90804,1323 Dawson Avenue
Long Beach, CA 90804,1323 Dawson Avenue
Long Beach, CA 90804,1323 Dawson Avenue
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Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$1,750,000
Est. payment /mo
1 Bed
6,464 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25002272

Bedrooms 1

Lot Size 6,464 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 8.59% capitalization rate and 7.27 GRM on stabilized current rents, meaning the 3 vacant units are renovated and rented. With ten studios and two one-bedroom units, the propertys efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. Market rent, returns exceed a 9.40% capitalization rate and a 6.94 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash returns with additional upside.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Anaheim Blvd to Dawson north

Interior

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7261021020

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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MLS Router / San Diego MLS
Listed by Mike Marcu Mike Marcu, Broker

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1323 Dawson Avenue