Homes for sale - 1323 Dawson AVE, Long Beach, CA 90804

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Mike Marcu • Mike Marcu, Broker

$1,750,000

Est. payment - /mo

6,464 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25002272

Year Built 1923

Lot Size 6,464 Sqft

Source California Regional MLS

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 property's 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 re

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Laundry None

Exterior

Pool None

Building

Sewer Sewer Available

Water District - Public

Others

Tax ID 7261021020

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1323 Dawson AVE Long Beach, CA 90804

JLee Broker

Key Details

Location

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