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5529 Dairy Ave
Long Beach, CA 90805 Bixby Knolls

$3,795,000 USD

Apartments For Sale • 5,765 SF

Property Details

Property Type Apartments
Total Building Size 5,765 SF
Lot Size 0.13 AC
Building Class B
Year Built 1964
Cap Rate 6.00 %
Zoning R1N

50 Transit Score

76 Walk Score

                
                    Highlights
                
                                100% Renovated 10-unit building 5 (2beds) 5 (1bed) cash flowing at an impressive 6% Cap Rate from Day 1!
                            
                                Majority of the units are master leased providing gauranteed cash flow and minimal vacancies (Similar to NNN)
                            
                                New Roof, Electrical, Plumbing, Windows, Water Heaters, HVAC, Interiors, Exterior, etc.

Property Flyers

Offering Memorandum

Cap Rate:

6.00 %

Amenities

Laundry Facilities
Gated

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	4.7 mi
Los Angeles International	27 min	-	19.3 mi
John Wayne/Orange County	35 min	-	25.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	OneCarGarage
Included in Rent:	Yes

Armin Soleimani 310-666-2246 Global Platinum Properties

5529 Dairy Ave Long Beach, CA 90805 Bixby Knolls