• Asking Price $3,995,000
  • Estimated Value: $345,164
  • 1040 DAWSON AVE LONG BEACH, CA 90804

  • 10 Beds 7 Baths 10,556 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 1040 DAWSON AVE, LONG BEACH, CA 90804

Features

  • Price/sqft: $378
  • Lot Size: 0.2986 acres
  • Total Units: 7
  • Stories: 200
  • Heating: Yes
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1961
  • Property ID: 894392566
  • MLS Number: SB24126848
  • Parcel Number: 7262-006-021
  • Property Type: Townhouse or Condo
  • County: Los Angeles

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. We are pleased to present 1036-1040 Dawson Ave, Long Beach. Consisting of two side-by-side 7 unit buildings on separate parcels (14 units in total), the property boasts a desirable unit mix of (6) 2-bed/1-bath units and (8) 1-bed/1- bath units on a 13, 009 sq ft lot. There are a total of (8) 1-car garages with tandem parking, along with a laundry room at each building and a new 100 gallon water heater. The garages are separately leased to provide additional income, and there is over 20% in upside rent potential. Located less than a mile from vintage shopping and trendy dining options on Retro Row, this is an excellent value-add investment opportunity offering growth, stability, and a hedge against inflation.

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