Mohr Real Estate Group

Mohr Real Estate Group

927 Daisy Avenue Long Beach CA 90813 MLS #PTP2407022

927 Daisy Avenue
Long Beach, CA, 90813
$4,100,000
Beds
0 Baths
SqFt
0.17 Acres
Add
Add
$4,100,000
927 Daisy Avenue
Long Beach, CA, 90813
MLS #PTP2407022 img 0

Property Description


Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress – current Owner already passed the pre-planning stage with the City. All existing units are metered separately. There is a controlled-access gate for extra privacy and security for all tenants. A community laundry room is offered on the property and can acquire extra income. At 100% occupancy, this property has a CAP rate of 5.52%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.

Property Details

Price:
$4,100,000
MLS #:
PTP2407022
Status:
Active
Baths:
0
Address:
927 Daisy Avenue
Type:
Residential Income
Neighborhood:
197longbeach
City:
Long Beach
Listed Date:
Nov 6, 2024
State:
CA
ZIP:
90813
Lot Size:
7,559 sqft / 0.17 acres (approx)
Year Built:
1964

Schools

Interior

Appliances
Electric Range, Refrigerator

Exterior

Community Features
Curbs, Sidewalks, Urban
Garage Spaces
8.00
Lot Features
Level
Parking Features
Garage, Street
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3

Financial

Association Fee
0.00
Need more info?

If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.

Ask a Question

Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Similar Listings Nearby

927 Daisy Avenue
Long Beach, CA
The Mohr Real Estate Group

Receive hand curated properties directly to your inbox.

Tell us what type of properties you’re interested in & we’ll send you updates on our hand curated listings.