Description
Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. four additional units have been partially updated. this property offers additional income potential with architectural plans to convert 8 garage spaces into 4 adus in progress - current owner already passed the pre-planning stage with the city. all existing units are metered separately. there is a controlled-access gate for extra privacy and security for all tenants. a community laundry room is offered on the property and can acquire extra income. at 100% occupancy, this property has a cap rate of 5.52%, not including the proposed adus. this apartment community is located near east village arts district and downtown long beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47650301
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Sewer : Public Sewer
Interior Features
- Property Appliances: Electric Range,Refrigerator
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 13,641
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.1735
- Lot Size Source: Assessor
- Lot Size Square Feet: 7559
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Listing Information
Listing Price Information
- Original List Price: 4,100,000
- Listing Contract Date: 2024-11-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7271021044
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 197 - Long Beach
- Directions: 927 Daisy Avenue is adjacent to East Village Arts District and Downtown.
- Zoning: Commercial
- Source Property Type: Residential Income
- Area: 197 - Long Beach
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Gound Level
- Property Attached: Yes
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 12/18/2024 @ 06:08
- MLS: PTP2407022
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 13,641 sqft, 7,559 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90813, this Los Angeles County Home , it is in the ,Other Subdivision, are nearby neighborhoods.