528 Daisy Ave, Long Beach, CA 90802
528 Daisy Ave, Long Beach, CA 90802
528 Daisy Ave, Long Beach, CA 90802
40
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$1,995,000
Est. payment /mo
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9 Beds
8 Baths
4,144 SqFt
Price Dropped by $100K

528 Daisy Ave Long Beach, CA 90802

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,144 sqft

Price per Sqft $481

MLS Listing ID 26645267

Bedrooms 9

Year Built 1910

Lot Size 7,474 Sqft

Acres 0.1716

Property Sub-Type Multi-Family

Property Description

Price Improvement Prime Downtown Long Beach 7-Unit Multifamily | 528 Daisy Avenue is a well-maintained 7-unit multifamily property located in the heart of Downtown Long Beach with a Walk Score of 89. The asset benefits from strong tenant demand due to proximity to the Civic Center, dining, retail, and major transit corridors. The property features a highly desirable unit mix, primarily spacious 1-bedroom units, complemented by 2-bedroom units, a studio, and a newly added 3-bedroom unit, enhancing both income and long-term appeal. Several units have been tastefully updated, offering a low-maintenance, turnkey investment with minimal near-term capital needs. Offered at an attractive 5.6% cap rate and 12.3 GRM, 528 Daisy Avenue provides in-place cash flow with upside through continued rent optimization. A rare opportunity to acquire a stabilized asset in one of Long Beach's most walkable and in-demand rental submarkets.

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBPD30

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Driveway

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent | RE. S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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528 Daisy Ave