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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$2,039,000
2 Beds
- 12 Baths
5,036sqft
1208 Daisy Ave, Long Beach, CA 90813
$2,039,000
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Multi Family
Built in 1923
$-- HOA
7,424 sqft lot
$405/sq.ft
Description
PRICED TO SELL - 9.6 GRM AND 6.5% CAP. EARN OVER A 9% CASH ON CASH RETURN. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro sta...
Continue Reading- Houzeo last checked: 0 minutes ago
- Listing updated: August 3, 2026 at 4:59 pm
- Source: California Regional MLS-CA | MLS#: 26859339

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
5,036 sqft
Lot Size
7,424 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26859339
MLS Status
Active
Days on Market
61
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