Long Beach, CA 90813,927 Daisy Avenue
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Long Beach, CA 90813,927 Daisy Avenue
Long Beach, CA 90813,927 Daisy Avenue
Long Beach, CA 90813,927 Daisy Avenue
Long Beach, CA 90813,927 Daisy Avenue
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Listed by Jeff Kim • eXp Realty of California, Inc.
$ 3,900,000
Est. payment /mo
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Active

927 Daisy Avenue Long Beach, CA 90813

13,641 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 13,641 sqft

Price per Sqft $285

MLS Listing ID 8P-2407022

Year Built 1964

Lot Size 7,559 Sqft

Property Description

This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated - four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes. Recent exterior upgrades include a new roof, new exterior railings, improved decks and walkways and select window replacements. This property also offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs - the current owner passed the pre-planning stage with the City. More building features include a controlled-access gate for extra privacy and security and a community laundry room. This apartment community is located in a residential yet walkable pocket of Southwest Long Beach, near the heart of Downtown and the East Village Arts District.

Location

State CA

County Los Angeles

Area Long - Long Beach (L)

Zoning Commercial

Interior

Laundry Community

Exterior

Parking Features Garage, Street

Garage Spaces 8.0

Pool None

Community Features Curbs, Sidewalks, Urban

View Y/N No

Building

Lot Description Level

Sewer Public Sewer


agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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927 Daisy Avenue