322 Daisy Avenue
Long Beach, CA 90802
0
Bed
8
Bath
3,520Sqft
2,257Sqft(Lot)
PRICED REDUCED TO SELL - 9.5 GRM AND 6.5% CAP AT CURRENT RENTS. Earn over a 8% Cash on Cash Return. 8 units in Downtown Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). It's located down the street from the new library and right next to $8BB in brand new construction. The buiding has a Walk Score of 90 and is ideally located close to mass transportation as well as shopping and restaurants. The property is professionally managed and well maintained. The main electrical panel is 200 AMPS and the subpanels are 30 AMPS - Buyer to verify. The building also features copper plumbing - Buyer to verify. And it has newer vinyl windows. All unit interiors and hallways were updated in the past 5 years including new paint, fixtures and flooring.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1923Building Area Total: 3520Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 2257 Lot Size Acres: 0.0518 Lot Size Square Feet: 2,257
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Listing Price Information
Listing Price: $1275000Original Price: $1299000
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Tax Information
Parcel Number: 7278022034
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Virtual Tour
Parking Information
None
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Location Information
Direction: 8 Units in Downtown Long Beach with NO local rent control.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1827 E 4th Street, Long Beach, CA, 90802 | $7,400,000 | -- | -- | 15,168 | 15,168 SqFt |
| 1738 E 4th Street #15, Long Beach, CA, 90802 | $279,000 | -- | 1 | 398 | 398 SqFt |
| 1738 E 4th, Long Beach, CA, 90802 | $299,998 | -- | 1 | 397 | 397 SqFt |
| 1785 E 3rd, Long Beach, CA, 90802 | $2,125,000 | -- | -- | 4,321 | 4,321 SqFt |
| 535 Nebraska, Long Beach, CA, 90802 | $925,000 | 2 | 1 | 1,211 | 1,211 SqFt |
| 1427 E 4th, Long Beach, CA, 90802 | $1,999,000 | 2 | 6 | -- | |
| 530 Almond Avenue, Long Beach, CA, 90802 | $1,250,000 | 3 | -- | 1,962 | 1,962 SqFt |
| 1250 E 4th, #8, Long Beach, CA, 90802 | $280,000 | 1 | 1 | 654 | 654 SqFt |
| 216 Esperanza, Long Beach, CA, 90802 | $1,449,000 | -- | -- | 3,816 | 3,816 SqFt |
| 1311 E 1st #12, Long Beach, CA, 90802 | $409,000 | 1 | 1 | 817 | 817 SqFt |
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ByOwner last updated this listing 07/28/2026 @ 17:22
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