1151 Daisy Avenue Long Beach, CA ^$ 2,800,000

1151 Daisy Avenue

^$ 2,800,000

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1151 Daisy Avenue

Long Beach, CA, 90813

^$ 2,800,000

Bedrooms12 Baths7.0 Sq 4,604

Monthly Estimate*

^$ 19,559

Listed by JMS Manage Sell PC

1151 Daisy Avenue, Long Beach, CA 90813 - Image 1

1151 Daisy Avenue, Long Beach, CA 90813 - Image 2

1151 Daisy Avenue, Long Beach, CA 90813 - Image 3

1151 Daisy Avenue, Long Beach, CA 90813 - Image 4

1151 Daisy Avenue, Long Beach, CA 90813 - Image 5

1151 Daisy Avenue, Long Beach, CA 90813 - Image 6

1151 Daisy Avenue, Long Beach, CA 90813 - Image 7

1151 Daisy Avenue, Long Beach, CA 90813 - Image 8

1151 Daisy Avenue, Long Beach, CA 90813 - Image 9

Multi-Family Home for sale in Long Beach, CA

for $2,800,000 with 12 bedrooms and 7 full baths. This 4,604 square foot home was built in 1921 on a lot size of 0.1708.

Please see the Supplements section to access the Offering Memorandum. Beautiful 1151 Daisy Avenue is a charming 12 unit apartment complex in dynamic downtown Long Beach. This property features a roster of ten standard studios, two loft studios, laundry room, and four individual garages. The building was constructed in 1921, has a rentable area of approximately 4,604 SQ/FT, is built on a 7,440 SQ/FT lot, and is in absolutely turn-key condition to generate ample amounts of income from day one. All units are also individually metered for gas and electricity.

Multi-Family Active

Price

^$ 2,800,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1708

Year Built

1921

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW23194545

Days on Market

209

Features

General

Sewer PublicSewer

Zoning LBPD10

HOA 0.0

Garage Spaces 4.0

Pool Features None

Year Built 1921

Stories 1

Levels One

Property SubType MixedUse

Gross Income 209516.0

Community Features Park

County Los Angeles

Net Operating Income 132341.0

Operating Expense 67382.0

Insurance Expense 6972.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Drake Park (DP)

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Between Anaheim Street and 11th Street on Daisy Avenue

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 12

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Square Feet 7440.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Daisy

Listing Terms Cash Conventional

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 3692.0

Water Sewer Expense 7384.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 23

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 13

Property Sub Type Additional MixedUse

Cap Rate 4.6

Exterior

Parking Features GarageFacesRear

Lot Features Item1115UnitsAcre

Water Source Public

Total Parking 4.0

Lot Size Area 7440.0

Number of Buildings 2

Spa N

Building Area Total 4604.0

Lot Size Acres 0.1708

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 12

Number of Separate Electric Meters 12

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1151

* Excluded Features

List By

Jms Manage Sell Pc

Broker

(562) 264-1444

Phone

Affordability Calculator

$19,559

Per Month

Monthly Principal & Interest: $19,559
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 25%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2023	$2,800,000		Listed Price

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1151 Daisy Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,800,000 with 4,604 sqft and a lot size of 0.1708. 1151 Daisy Avenue has 12 bedrooms, 7.0 baths, and was built in 1921. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1151 Daisy Avenue

Multi-Family Home for sale in Long Beach, CA

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