• 5423 Dairy Avenue Long Beach, CA 90805

  • $1,388,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,008
    Sq Ft
  • 5654
    Sqft
  • Listed By: Ricardo Parada, Berkshire Hathaway HomeServices California Properties, DRE #01120414
  • Source: CRMLS

Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1929

Building Area Total: 3,008

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1298

Lot Size Source: Assessor

Lot Size Square Feet: 5654

Listing Price Information

Original List Price: 1,388,000

Listing Contract Date: 2023-07-17

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7126036027

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 7 - North Long Beach

Postal Code Plus 4: 5220

Directions: E/710 Fwy S/91 Fwy

Zoning: LBCMR

Source Property Type: Residential Income

Area: 7 - North Long Beach

Property SubType: Mixed Use

Building and Construction

Property Age: 95

Common Walls: 2+ Common Walls

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: Street

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6950 Atlantic Avenue, Long Beach, CA,90805 $327,777 -- -- -- 4827 Sqft
1202 E Plymouth Street, Long Beach, CA,90805 $995,000 -- -- 3,200 6973 Sqft
5530 Ackerfield Avenue .., Long Beach, CA,90805 $420,000 2 1 876 172811 Sqft
6954 Lime Avenue, Long Beach, CA,90805 $1,325,000 3 2 3,271 19965 Sqft
5535 Ackerfield Avenue .., Long Beach, CA,90805 $475,000 3 2 1,069 82432 Sqft
907 Paradise Lane, Long Beach, CA,90805 $279,000 3 1 -- --
6428 Johnson Avenue, Long Beach, CA,90805 $710,000 3 2 1,252 5647 Sqft
489 E 55th St, Long Beach, CA,90805 $1,600,000 -- -- -- 7549 Sqft
191 W Harcourt Street, Long Beach, CA,90805 $1,099,000 4 3 2,047 5555 Sqft
7090 N Atlantic Place, Long Beach, CA,90805 $1,050,000 6 4 3,188 5003 Sqft

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ByOwner last updated this listing 05/03/2024 @ 23:48

MLS: TR23130001
LISTED BY: Ricardo Parada, Berkshire Hathaway HomeServices California Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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