1208 Daisy Avenue
Long Beach, CA 90813
2
Bed
12
Bath
5,036Sqft
7,424Sqft(Lot)
PRICED TO SELL - 9.4 GRM AND 6.8% CAP. EARN OVER A 10% CASH ON CASH RETURN against in place rents. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a t
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 12 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1923Building Area Total: 5036Stories: 1Private Pool: No
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Lot Information
Lot Dimensions: 50x150 Main Square Feet: 7424 Lot Size Acres: 0.1704 Lot Size Square Feet: 7,424
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Listing Price Information
Listing Price: $2015000Original Price: $2049000
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Tax Information
Parcel Number: 7272003006
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Virtual Tour
Parking Information
None
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Location Information
Direction: 12 units by Downtown Long Beach.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1036 Cherry Avenue, Long Beach, CA, 90813 | $2,275,000 | 10 | 8 | 4,722 | 5,844 Sqft |
| 1012 Vina, Long Beach, CA, 90813 | $599,999 | 3 | 2 | 1,206 | 3,711 Sqft |
| 1061 N Minerva, Long Beach, CA, 90813 | $595,000 | 1 | 1 | 703 | 2,766 Sqft |
| 1050 Gaviota, Long Beach, CA, 90813 | $4,500,000 | -- | -- | 12,928 | 12,632.40 Sqft |
| 1323 Walnut Ave, Long Beach, CA, 90813 | $1,599,000 | 8 | 6 | -- | 6,362 Sqft |
| 1390 Gundry Avenue, Long Beach, CA, 90813 | $530,000 | 1 | 1 | 654 | 2,230 Sqft |
| 755 Gaviota Avenue, Long Beach, CA, 90813 | $2,875,000 | 2 | 2 | -- | 6,728 Sqft |
| 933 Walnut Avenue, Long Beach, CA, 90813 | $959,000 | 3 | 2 | 1,312 | 4,013 Sqft |
| 1442 Alamitos Avenue, Long Beach, CA, 90813 | $725,000 | -- | 3 | 1,064 | 2,018 Sqft |
| 1377 Warren Avenue, Long Beach, CA, 90813 | $1,627,000 | 4 | -- | 4,944 | 5,700 Sqft |
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ByOwner last updated this listing 09/10/2026 @ 07:06
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