322 Daisy Avenue

    Long Beach, CA 90802
    • $1,680,000
    • STATUS: Closed
    • ON SITE: 189 days
    • ID#: PW19032818
    Sold - 06/25/2019
    $1,680,000
    SOLD - 06/25/2019
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,520
      SQFT
    • $477
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to offer 322 Daisy Avenue, an 8-unit apartment investment opportunity located in the heart of Downtown Long Beach. The offering at 322 Daisy is located just steps from what the best the city of Long Beach has to offer with endless shops, dinning and entertainment. 322 Daisy offers a near perfect walk score of 90, and excellent transit score of 77, allowing tenants to move throughout the city with ease. The investment opportunity has recently been extensively renovated inside and out. The exterior features new paint and new vinyl windows while interiors receive new vinyl wood plank flooring, new paint, new kitchens and new bathrooms. Perfectly renovated and located, 322 Daisy Avenue is an excellent investment opportunity to own in the heart of Downtown Long Beach.

    Sold by Jonathan Swire of The Agency.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T20:34:37.023. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/91764518

    322 Daisy Avenue Long Beach, CA 90802

    • Price: $1,750,000
    • Status: Closed
    • Updated: 48 min ago
    • ID#: PW19032818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,520
    SQFT
    $477
    $/SQFT
    1923
    Built
    Neighborhood:
    Downtown (Dt)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    We are pleased to offer 322 Daisy Avenue, an 8-unit apartment investment opportunity located in the heart of Downtown Long Beach. The offering at 322 Daisy is located just steps from what the best the city of Long Beach has to offer with endless shops, dinning and entertainment. 322 Daisy offers a near perfect walk score of 90, and excellent transit score of 77, allowing tenants to move throughout the city with ease. The investment opportunity has recently been extensively renovated inside and out. The exterior features new paint and new vinyl windows while interiors receive new vinyl wood plank flooring, new paint, new kitchens and new bathrooms. Perfectly renovated and located, 322 Daisy Avenue is an excellent investment opportunity to own in the heart of Downtown Long Beach.
    Exterior Features

    Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.10 Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 0.00 Gross Income 0.00 Gross Multiplier 13.81 Gross Operating Income 122918.00 Gross Scheduled Income 126720.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN No Maintenance Expense 7603.00 Maintenance Percent 6.00 Net Operating Income 89080.00 New Construction YN No New Taxes Expense 21875.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 33838.00 Operating Expense Percent 26.70 Other Expense 2000.00 Other Expense Description Utility Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Downtown (Dt) Total Expenses 33838.00 Trash Expense 0.00 Vacancy Allowance 3802 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbpd30

    Listing provided courtesy of Doug Rodermund of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T20:34:37.023. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024