1323 Dawson Avenue, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1323 Dawson Avenue,Long Beach, CA 90804
$1,750,000
- 1 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC25002272
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,750,000
About this home
1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 8.59% capitalization rate and 7.27 GRM on stabilized current rents, meaning the 3 vacant units are renovated and rented. With ten studios and two one-bedroom units, the propertys efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. Market rent, returns exceed a 9.40% capitalization rate and a 6.94 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash returns with additional upside.
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Home facts
- Listing ID #:OC25002272
- Added:314 day(s) ago
- Updated:November 15, 2025 at 04:12 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,750,000
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