5529 Dairy Avenue, Long Beach, CA 90805
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
5529 Dairy Avenue,Long Beach, CA 90805
$3,795,000
- 15 Beds
- 10 Baths
- 5,765 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25594549
Source:CRMLS
Price summary
- Price:$3,795,000
- Price per sq. ft.:$658.28
About this home
Price Reduction! in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 6% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Located in prime North Long Beach just minutes from the beach, offering investors the opportunity to acquire a low-maintenance asset in a coastal rental market without premium coastal pricing! Majority of the units are master-leased by a single organization providing guaranteed cash flow and minimal vacancies. (Similar to a hassle-free NNN deal with stable income and more limited landlord responsibilities with ease of management and rent collection).
Contact an agent
Home facts
- Year built:1964
- Listing ID #:25594549
- Added:57 day(s) ago
- Updated:November 15, 2025 at 11:44 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:10
- Living area:5,765 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:5,765 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$3,795,000
- Price per sq. ft.:$658.28
New listings near 5529 Dairy Avenue
- Open Sun, 1 to 4pmNew
$750,000Active4 beds 3 baths1,554 sq. ft.6228 Lemon, Long Beach, CA 90805
MLS# NP25249016Listed by: COLDWELL BANKER REALTY - Open Sun, 11 to 3amNew
$1,090,000Active3 beds 2 baths1,227 sq. ft.2615 Petaluma, Long Beach, CA 90815
MLS# OC25260801Listed by: HALEY ENTERPRISES INC - New
$485,000Active2 beds 1 baths871 sq. ft.1237 E 6th Street #110, Long Beach, CA 90802
MLS# PW25258956Listed by: DUNFEE REAL ESTATE SERVICES - New
$1,200,000Active3 beds 2 baths1,577 sq. ft.2870 Albury, Long Beach, CA 90815
MLS# PW25259514Listed by: KELLER WILLIAMS COASTAL PROP.
$689,000Active2 beds 2 baths1,098 sq. ft.2500 E 4th Street #203, Long Beach, CA 90814
MLS# OC25249214Listed by: SURTERRE PROPERTIES INC- New
$485,000Active2 beds 1 baths871 sq. ft.1237 E 6th Street #110, Long Beach, CA 90802
MLS# PW25258956Listed by: DUNFEE REAL ESTATE SERVICES - New
$4,750,000Active7 beds 25 baths14,055 sq. ft.330 Cedar Avenue, Long Beach, CA 90802
MLS# 25618923Listed by: THE AGENCY - Open Sun, 1 to 4pmNew
$649,000Active2 beds 2 baths1,018 sq. ft.334 Gladys Avenue #305, Long Beach, CA 90814
MLS# PW25260151Listed by: ONTRAK REAL ESTATE - Open Sat, 12 to 3pmNew
$899,990Active3 beds 1 baths1,219 sq. ft.7022 E Peabody, Long Beach, CA 90808
MLS# PW25242274Listed by: SEVEN GABLES REAL ESTATE - Open Sat, 1 to 4pmNew
$925,000Active3 beds 2 baths1,604 sq. ft.3360 Kallin Avenue, Long Beach, CA 90808
MLS# PW25260365Listed by: COLDWELL BANKER ENVISION