About 927 Daisy Avenue
This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes. Recent exterior upgrades include a new roof, new exterior railings, improved decks and walkways and select window replacements. This property also offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs - the current owner passed the pre-planning stage with the City. More building features include a controlled-access gate for extra privacy and security and a community laundry room. This apartment community is located in a residential yet walkable pocket of Southwest Long Beach, near the heart of Downtown and the East Village Arts District.
Features of 927 Daisy Avenue
| MLS® # | PTP2407022 |
|---|---|
| Price | $3,900,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.17 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 927 Daisy Avenue |
|---|---|
| Area | LONG BEACH (90813) |
| Subdivision | Long Beach |
| City | Long Beach |
| County | Los Angeles |
| State | CA |
| Zip Code | 90813 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|---|
| Stories | 3 Story |
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Additional Information
| Date Listed | November 6th, 2024 |
|---|---|
| Days on Market | 217 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty of California, Inc. |
|---|