Long Beach, CA 90813,1233 Daisy AVE
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Long Beach, CA 90813,1233 Daisy AVE
Long Beach, CA 90813,1233 Daisy AVE
Long Beach, CA 90813,1233 Daisy AVE
Long Beach, CA 90813,1233 Daisy AVE

$2,400,000

Est. payment /mo

$2,490,000

3.6%
Est.Price: ?

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1233 Daisy AVE Long Beach, CA 90813

4,356 Sqft Lot

SOLD DATE : 04/28/2020

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW19111039

Sold Date 04/28/20

HOA Y/N No

Year Built 1922

Lot Size 4,356 Sqft

Property Description

CASH COW AND ADDED VALUE PROPERTY. By reviewing the rent rolls a Savy Investor will discover extremely high Gross Scheduled Income and a very favorable low Gross Scheduled Margin. This 13 unit listing sits on 2 side-by-side parcels and is being sold as one purchase. 1233 Daisy has 9 units and 1245-1247 Daisy has 4 units and as a result, the new owner will be buying a city block. This can be well seen in the Drone Video Virtual Tour. Each parcel has its own separate courtyard that is enjoyed by the tenants and a 1 community laundry room that provides extra income. The two properties have been modified to blend together for easy management. The entire complex has a very low vacancy rate due to the quality of the building condition and is located close to Long Beach's major transportation corridors. Property has been professionally managed to maintain high maintenance standards and low tenant turnover

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4N

Interior

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Lighting

Garage None

Fence Block, Wrought Iron

Pool None

Community Features Park, Sidewalks

Parking Type None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Foundation Combination

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7271019013

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Financing Seller Financing

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Charles Brewer • Home Smart Realty Group
Bought with Scott Burns • Scott F. Burns, Broker

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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