5423 Dairy Avenue Long Beach, CA ^$ 1,388,000

5423 Dairy Avenue

^$ 1,388,000

Back to search

5423 Dairy Avenue

Long Beach, CA, 90805

^$ 1,388,000

Bedrooms6 Baths6.0 Sq 3,008

Monthly Estimate*

^$ 9,225

Listed by Berkshire Hathaway HomeServices California Properties

5423 Dairy Avenue, Long Beach, CA 90805 - Image 1

5423 Dairy Avenue, Long Beach, CA 90805 - Image 2

5423 Dairy Avenue, Long Beach, CA 90805 - Image 3

5423 Dairy Avenue, Long Beach, CA 90805 - Image 4

5423 Dairy Avenue, Long Beach, CA 90805 - Image 5

5423 Dairy Avenue, Long Beach, CA 90805 - Image 6

5423 Dairy Avenue, Long Beach, CA 90805 - Image 7

5423 Dairy Avenue, Long Beach, CA 90805 - Image 8

5423 Dairy Avenue, Long Beach, CA 90805 - Image 9

5423 Dairy Avenue, Long Beach, CA 90805 - Image 10

5423 Dairy Avenue, Long Beach, CA 90805 - Image 11

5423 Dairy Avenue, Long Beach, CA 90805 - Image 12

5423 Dairy Avenue, Long Beach, CA 90805 - Image 13

5423 Dairy Avenue, Long Beach, CA 90805 - Image 14

5423 Dairy Avenue, Long Beach, CA 90805 - Image 15

5423 Dairy Avenue, Long Beach, CA 90805 - Image 16

5423 Dairy Avenue, Long Beach, CA 90805 - Image 17

5423 Dairy Avenue, Long Beach, CA 90805 - Image 18

5423 Dairy Avenue, Long Beach, CA 90805 - Image 19

Multi-Family Home for sale in Long Beach, CA

for $1,388,000 with 6 bedrooms and 6 full baths. This 3,008 square foot home was built in 1929 on a lot size of 0.1298.

Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.

Multi-Family Active

Price

^$ 1,388,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1298

Year Built

1929

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

TR23130001

Days on Market

327

Features

General

Sewer PublicSewer

Zoning LBCMR

Garage Spaces 4.0

Pool Features None

Year Built 1929

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 0.0

Community Features Urban

County Los Angeles

Net Operating Income 110912.0

Operating Expense 3424.0

Insurance Expense 2764.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions E/710 Fwy S/91 Fwy

City Long Beach

Entry Location Street

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 6

MLS Area 7 - North Long Beach

Lot Size Units SquareFeet

Lot Size Square Feet 5654.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 6

Street Name Dairy

Listing Terms CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 660.0

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 194

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 39

Property Sub Type Additional MixedUse

Expected Active Date 2023-07-20

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 4.0

Lot Size Area 5654.0

Number of Buildings 3

Spa N

Building Area Total 3008.0

Street Suffix Avenue

Lot Size Acres 0.1298

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5423

* Excluded Features

List By

Berkshire Hathaway Homeservices California Properties

Broker

(626) 913-2808

Phone

Affordability Calculator

$9,225

Per Month

Monthly Principal & Interest: $9,225
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,062,616

Percent of Sale Price 49%

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
1/31/2024	$1,388,000	-6.72%	Price Down
7/20/2023	$1,488,000		Listed Price

Map

More homes like this one

homes for you

See all

5423 Dairy Avenue, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,388,000 with 3,008 sqft and a lot size of 0.1298. 5423 Dairy Avenue has 6 bedrooms, 6.0 baths, and was built in 1929. The property's zip code is 90805 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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 6/8/2024. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5423 Dairy Avenue

Multi-Family Home for sale in Long Beach, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home