Long Beach, CA 90813,927 Daisy AVE
Long Beach, CA 90813,927 Daisy AVE
Long Beach, CA 90813,927 Daisy AVE
20
$3,800,000
$3,900,000
2.6%
Est.Price: ?

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7,557 Sqft Lot

927 Daisy AVE Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 10/24/2023

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Key Details

Sold Price $3,800,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID PW23149080

Year Built 1964

Lot Size 7,557 Sqft

Property Description

927 Daisy Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features sixteen (16) 2BD / 1 BA units. Two (2) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room provides extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional income. 927 Daisy Avenue is priced at 11.23 GRM and 5.54% cap rate at current rents.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Building

Lot Description 16-20 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with Trey Mitchell • CB Richard Ellis, Inc.

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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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