1036 1040 Dawson Avenue

Long Beach, CA 90804

PRICE REDUCED

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-$200,000 (-5.01%)

$3,795,000

List Price

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Property Description

We are pleased to present 1036-1040 Dawson Ave, Long Beach. Consisting of two side-by-side 7 unit buildings on separate parcels (14 units in total), the property boasts a desirable unit mix of (6) 2-bed/1-bath units and (8) 1-bed/1- bath units on a 13,009 sq ft lot. There are a total of (8) 1-car garages with tandem parking, along with a laundry room at each building and a new 100 gallon water heater. The garages are separately leased to provide additional income, and there is over 20% in upside rent potential. Located less than a mile from vintage shopping and trendy dining options on Retro Row, this is an excellent value-add investment opportunity offering growth, stability, and a hedge against inflation.

Listing Information

List Price $3,795,000
Status Active
MLS SB24126848
Type Residential Income
Subtype Mixed Use
Year Built 1960
Lot Size 13,009
Structure Size N/A
DOM 54
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Larson Harley DRE#02045736

Interior Features

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Maps

Listing information courtesy of: Larson Harley, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.