1036 Dawson Avenue, Long Beach, CA 90804
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- MLS#: SB24126848 ( Commercial/Residential )
- Street Address: 1036 Dawson Avenue
- Viewed: 13
- Price: $3,795,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1960
- Bldg sqft: 0
- Days On Market: 186
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90804
- Subdivision: Eastside (es)
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Larson Larson
- DMCA Notice
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DescriptionWe are pleased to present 1036 1040 Dawson Ave, Long Beach. Consisting of two side by side 7 unit buildings on separate parcels (14 units in total), the property boasts a desirable unit mix of (6) 2 bed/1 bath units and (8) 1 bed/1 bath units on a 13,009 sq ft lot. There are a total of (8) 1 car garages with tandem parking, along with a laundry room at each building and a new 100 gallon water heater. The garages are separately leased to provide additional income, and there is over 20% in upside rent potential. Located less than a mile from vintage shopping and trendy dining options on Retro Row, this is an excellent value add investment opportunity offering growth, stability, and a hedge against inflation.
Property Location and Similar Properties
Features
Building Area Total
- 10556.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 87
Entry Location
- Front
Fuel Expense
- 900.00
Garage Spaces
- 8.00
Insurance Expense
- 7917.00
Laundry Features
- Common Area
Levels
- Two
Lot Features
- Lot 10000-19999 Sqft
Netoperatingincome
- 180213.00
Newtaxesexpense
- 52469.00
Number Of Separate Electric Meters
- 14
Number Of Separate Gas Meters
- 14
Parcel Number
- 7262006020
Pest Control Expense
- 2526.00
Pool Features
- None
Professionalmanagementexpense
- 11249.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 417416983:CRM
Subdivision Name Other
- Eastside (ES)
Totalexpenses
- 101010.00
Trash Expense
- 0.00
Uncovered Spaces
- 8.00
Vacancyallowance
- 8698
Views
- 13
Water Sewer Expense
- 17100.00
Water Source
- Public
Year Built
- 1960
Year Built Source
- Assessor
Zoning
- LBR2N