322 Daisy Avenue, Long Beach, CA 90802

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
322 Daisy Avenue,Long Beach, CA 90802
$1,295,000
  • - Beds
  • 8 Baths
  • 3,520 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan swire
Office: the agency424-230-3700
MLS#:26844683
Source:CRMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$367.9

About this home

PRICED TO SELL - 9.7 GRM AND 6.3% CAP AT CURRENT RENTS. Earn over a 8% Cash on Cash Return. 8 units in Downtown Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). It's located down the street from the new library and right next to $8BB in brand new construction. The buiding has a Walk Score of 90 and is ideally located close to mass transportation as well as shopping and restaurants. The property is professionally managed and well maintained. The main electrical panel is 200 AMPS and the subpanels are 30 AMPS - Buyer to verify. The building also features copper plumbing - Buyer to verify. And it has newer vinyl windows. All unit interiors and hallways were updated in the past 5 years including new paint, fixtures and flooring. And the property got a new roof in 2025. There are 8 private storage rooms in the basement where the laundry is located. These are currently vacant but could be given to tenants as an amenity or leased out...

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Home facts

  • Year built:1923
  • Listing ID #:26844683
  • Added:45 day(s) ago
  • Updated:July 24, 2026 at 10:32 AM

Rooms and interior

  • Total bathrooms:8
  • Living area:3,520 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:3,520 sq. ft.
  • Lot area:0.05 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$367.9
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