1050 Dawson Avenue is an 8-unit multifamily investment property located in Long Beach, CA. 1050 Dawson Avenue offers a diverse mix of one, two, and three-bedroom floor plans, which helps the property appeal to a diverse renter pool. Additionally, select unit interiors feature vinyl and tile flooring, granite countertops, and… Read More shaker-style cabinetry. Furthermore, the property features desirable amenities including an on-site laundry facility, gated access, garage parking, and a private balcony (select unit). 1050 Dawson Avenue is situated in close proximity to a plethora of retail, dining, and entertainment options along East Anaheim Street. Additionally, the property is just over 0.50 miles from Retro Row, a retail corridor with some of the city’s most popular retail, dining, and entertainment destinations. Furthermore, 1050 Dawson Avenue benefits from its central Long Beach location, providing easy access to Downtown Long Beach, Recreation Park, and Belmont Shore. The neighborhoods surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation, and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 1050 Dawson Avenue. Read Less
Property listed by Marcus & Millichap RE Invest, Tyler Leeson [email protected]
Listing Snapshot
Days Online
75
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1963
MLS Number
OC25040680
Additional Details
Building
Built in 1963, Building area total: 6,927, 1 building, Common walls: NoCommonWalls
Community
Curbs, Gutters, Sidewalks
Expenses
Electric expense: $2,000, Fuel expense: $2,000, Insurance expense: $6,800, Maintenance expense: $5,600, New taxes expense: $22,944, Operating expense: $50,614, Trash expense: $2,000, Water sewer expense: $2,000, Other expense: $12,870
Garage
4 spaces
Income
Gross income: $129,000, Net operating income: $74,584
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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