927 Daisy AVE, Long Beach, CA 90813 – PW23149080

$3,800,000

$3,900,000

2.6%

Est.Price: ?

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Est. payment -/mo

7,557 Sqft Lot

SOLD DATE : 10/24/2023

Key Details

Sold Price $3,800,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID PW23149080

Sold Date 10/24/23

HOA Y/N No

Year Built 1964

Lot Size 7,557 Sqft

Property Description

927 Daisy Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features sixteen (16) 2BD / 1 BA units. Two (2) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room provides extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional income. 927 Daisy Avenue is priced at 11.23 GRM and 5.54% cap rate at current rents.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7271021044

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with Trey Mitchell • CB Richard Ellis, Inc.

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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