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1208 Daisy Ave
Long Beach, CA 90813 Downtown Long Beach

$2,015,000 USD

Apartments For Sale • 5,036 SF

Property Details

Property Type Apartments
Total Building Size 5,036 SF
Lot Size 0.17 AC
Building Class C
Year Built 1923
Cap Rate 6.88 %
Zoning LBPD10

60 Transit Score

60 Walk Score

                
                    Highlights
                
                                PRICED TO SELL - 9.4 GRM AND 6.8% CAP. EARN OVER A 10% CASH ON CASH RETURN against in place rents. 
                            
                                All units taken down the studs - new kitchens, baths, flooring, etc. - Over $600K spent. 
                            
                                Updated Electrical and Plumbing - Buyer to verify. 
                            
                                Excellent Lender Financing Availalbe for Qualified Buyers - 25% down - 5.4% Fixed for 5 years. 
                            
                                EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Financial Summary

Cap Rate:

6.88 %

Amenities

Air Conditioning
Heating

Public Transportation

Transit/Subway	Drive	Walk	Distance
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	12 min	0.6 mi
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	11 min	-	4.9 mi
Los Angeles International	30 min	-	21.0 mi
John Wayne/Orange County	33 min	-	21.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Jon Swire 310-948-2631 The Agency

1208 Daisy Ave Long Beach, CA 90813 Downtown Long Beach