1323 Dawson Avenue
$2,400,000
1
12
6,499
6,499
$369
Description
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in...1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.
- Listed by Mike Marcu • DRE #00919594 • Brokerage DRE #00919594 • Mike Marcu, Broker • 562-260-0940
Property Details for 1323 Dawson Avenue
Parking Spaces Total
0
Private PoolNo
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6499
Assessor Parcel Number7261-021-020
Property Attached YNtrue
LISTING UPDATED: 01/04/2025 08:59 AM
Property Details for 1323 Dawson Avenue
Status | Active |
---|---|
MLS # | OC25002272 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
County | Los Angeles County |
Building Information for 1323 Dawson Avenue
Building/Complex1323 Dawson AveFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-
Property Information for 1323 Dawson Avenue
Property History for 1323 Dawson Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1323 Dawson Avenue
Taxable ValueLand$471,311Additions$614,164Total$1,085,475
Tax Record2024$15,509 ($1,292 / month)
Home Facts
Total Finished SqFt5,308 SqFtAbove Grade Finished SqFt5,308 SqFtLot Size6,462 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLBR2NCountyLOS ANGELESAPN7261-021-020
Schools near 1323 Dawson Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lee Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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