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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$1,445,000
8 Beds
- 8 Baths
3,440sqft
740 Daisy Ave, Long Beach, CA 90813
$1,445,000
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Multi Family
Built in 1922
$-- HOA
7,534 sqft lot
$420/sq.ft
Description
PRICED TO SELL - EARN OVER A 10% RETURN AGAINST IN PLACE RENTS. 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS. 8 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 units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.5% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP...
Continue Reading- Houzeo last checked: 0 minutes ago
- Listing updated: August 3, 2026 at 4:53 pm
- Source: California Regional MLS-CA | MLS#: 26853593

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
3,440 sqft
Lot Size
7,534 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26853593
MLS Status
Active
Days on Market
66
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