$1,388,000
5423 Dairy Avenue, Long Beach 90805
6
Beds
6
Baths
5,654
Lot Size
6
# Of Units
Listing Agent
Ricardo Parada - Berkshire Hathaway HomeServices California Properties - 626-826-9247Featuring 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.
Facts & Features
| MLS® # | TR23130001 |
|---|---|
| Price | $1,388,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Lot Size | 5,654 |
| Year Built | 1929 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 5423 Dairy Avenue |
|---|---|
| Area | 7 - North Long Beach |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90805 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 4 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | 0-1 Unit/Acre |
|---|
Additional Information
| Date Listed | July 17th, 2023 |
|---|---|
| Days on Market | 282 |
| Zoning | LBCMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ricardo Parada |
|---|---|
| Office | Berkshire Hathaway HomeServices California Properties |
| Info | 626-826-9247 |