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322 Daisy Ave
Long Beach, CA 90802 Downtown Long Beach

$1,299,000 USD

Apartments For Sale  •  3,520 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,520 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1923
  • Cap Rate 6.30 %
  • Zoning LBPD30
70 Transit Score
60 Walk Score

Highlights

PRICED TO SELL - 9.7 GRM AND 6.3% CAP AT CURRENT RENTS. Earn over a 8% Cash on Cash Return.
EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Excellent 5.4% 5-year fixed financing available for qualified Buyers.
200 AMP Main Panel. New Roof in 2025. Copper Plumbing. Buyer to verify.
Well maintained property in prime Downtown Long Beach location. NOT subject to local Rent Control.

Financial Summary

Cap Rate: 6.30 %

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 8 min 0.4 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 11 min 0.6 mi
1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 14 min 0.7 mi
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 13 min - 7.3 mi
Los Angeles International 31 min - 21.6 mi
John Wayne/Orange County 35 min - 27.4 mi
Jon Swire 310-948-2631 The Agency
Jon Swire 310-948-2631 The Agency