5529 Dairy Avenue
Long Beach, CA 90805
15
Bed
0
Bath
5,765Sqft
5,433Sqft(Lot)
Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 15Bathroom Information
Total Baths: 10 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Refrigerator -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1964 Building Area Total: 5,765
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1247 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5433
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Listing Price Information
Original List Price: 3,350,000 Listing Contract Date: 2026-04-07 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 7126025019
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Garage and Parking
Garage Description: On StreetHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 7 - North Long Beach Directions: From Long Beach Blvd., turn east onto E Ellis, then turn south onto Dairy Ave. Zoning: LBR1N Source Property Type: Residential Income Area: 7 - North Long Beach -
Building and Construction
Property Age: 62 Year Built Source: Vendor Enhanced Total Square Feet Living: 5765 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1656 E 63rd, Long Beach, CA, 90805 | $849,000 | 3 | 2 | 1,526 | 1,526 SqFt |
| 7071 Orange, Long Beach, CA, 90805 | $569,000 | 2 | 1 | 926 | 926 SqFt |
| 5832 Gaviota, Long Beach, CA, 90805 | $859,000 | 3 | 2 | 1,590 | 1,590 SqFt |
| 6147 Gundry, Long Beach, CA, 90805 | $1,050,000 | 4 | 4 | 2,425 | 2,425 SqFt |
| 6449 Lemon Avenue, Long Beach, CA, 90805 | $765,000 | 2 | 1 | 1,110 | 1,110 SqFt |
| 6050 Olive Avenue, Long Beach, CA, 90805 | $525,500 | 4 | 2 | 1,764 | 1,764 SqFt |
| 800 E South Street, Long Beach, CA, 90805 | $764,000 | -- | -- | 1,820 | 1,820 SqFt |
| 6475 S Atlantic Avenue .., Long Beach, CA, 90805 | $200,000 | 4 | 2 | 1,152 | 1,152 SqFt |
| 6068 Atlantic Avenue, Long Beach, CA, 90805 | $3,395,000 | 12 | -- | 6,966 | 6,966 SqFt |
| 489 E 55th St, Long Beach, CA, 90805 | $1,499,000 | -- | -- | -- |
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ByOwner last updated this listing 06/13/2026 @ 17:07
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