740 Daisy Avenue
Long Beach, CA 90813
8
Bed
8
Bath
3,440Sqft
7,534Sqft(Lot)
PRICED TO SELL - EARN OVER A 10% RETURN AGAINST IN PLACE RENTS. 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS. 8 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 units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.5% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP Siemens panel (Buyer to verify). All interiors are well maintained and feature laminate flooring, tile in the baths and
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 8 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1922Building Area Total: 3440Stories: 1Private Pool: No
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Lot Information
Main Square Feet: 7534 Lot Size Acres: 0.173 Lot Size Square Feet: 7,534
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Listing Price Information
Listing Price: $1445000Original Price: $1459000
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Tax Information
Parcel Number: 7272017005
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Virtual Tour
Parking Information
Parking Total: 3 Assigned
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Location Information
Direction: 8 Units close to 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 | $570,000 | 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 09/13/2026 @ 02:05
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