- 1 Bed
- 2 Baths
- .15 Acres
- 181 DOM
1323 Dawson Avenue
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.
Essential Information
- MLS® #OC25002272
- Price$1,995,000
- Bedrooms1
- Bathrooms2.00
- Acres0.15
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address1323 Dawson Avenue
- AreaLONG BEACH (90804)
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90804
Amenities
- UtilitiesSewer Connected
- PoolN/K
Interior
- FireplaceYes
Exterior
- Lot DescriptionCurbs
Additional Information
- Date ListedJanuary 2nd, 2025
- Days on Market181
- ZoningAssessor
Listing Details
- OfficeMike Marcu, Broker
Mike Marcu, Broker.
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Listing information last updated on July 21st, 2025 at 4:35am PDT.