5529 Dairy
Long Beach, CA 90805
10
Bed
7
Bath
5,433Sqft(Lot)
Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal c
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
CeilingFans, RecessedLighting, UnfurnishedRoof: FlatAppliances: GasOven, GasRange, Microwave, RefrigeratorLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1964Building Area Total: 5765Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 5433 Lot Size Acres: 0.1247 Lot Size Source: Assessor Lot Size Square Feet: 5,433 Lot Description: ZeroToOneUnitAcreProperty Information
Subdivision: North Long Beach (NLB) Source Property Type: ResidentialIncome Property SubType: Mixed Use Property Age: 62
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Listing Price Information
Listing Price: $3395000Conventional
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Tax Information
Parcel Number: 7126025019 Tax Lot: 32 Tax Block: 31
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Virtual Tour
Parking Information
None
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Utility Information
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: On Dairy Ave., between 55th St. and E. Ellis St. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6170 Downey Avenue, Long Beach, CA, 90805 | $795,000 | 3 | 2 | 1,386 | 5,964 Sqft |
| 3502 E Allington Street, Long Beach, CA, 90805 | $699,000 | 2 | 1 | 927 | 5,177 Sqft |
| 6651 Coronado, Long Beach, CA, 90805 | $850,000 | 3 | 2 | 1,598 | 7,645 Sqft |
| 3405 E Harding, Long Beach, CA, 90805 | $670,000 | 4 | 2 | 1,200 | 6,237 Sqft |
| 2841 E 69th, Long Beach, CA, 90805 | $759,900 | 4 | 3 | 1,223 | 5,977 Sqft |
| 6626 Orizaba Avenue, Long Beach, CA, 90805 | $2,275,000 | 11 | 9 | 4,213 | 10,593 Sqft |
| 6372 Raymond Avenue, Long Beach, CA, 90805 | $750,000 | 2 | 1 | 1,156 | 6,270 Sqft |
| 6634 Minnesota, Long Beach, CA, 90805 | $599,000 | 2 | 1 | 816 | 4,800 Sqft |
| 6639 Rose, Long Beach, CA, 90805 | $699,900 | 2 | 1 | 901 | 5,252 Sqft |
| 5952 Gaviota, Long Beach, CA, 90805 | $719,900 | 2 | 1 | 960 | 4,750 Sqft |
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ByOwner last updated this listing 09/07/2026 @ 00:56
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