5529 Dairy Avenue, Long Beach, CA 90805
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
5529 Dairy Avenue,Long Beach, CA 90805
$3,550,000
- 15 Beds
- 10 Baths
- 5,765 sq. ft.
- Multi-family
- Active
Listed by: julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26679201
Source:CRMLS
Price summary
- Price:$3,550,000
- Price per sq. ft.:$615.78
About this home
3rd Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 6.5% 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 #:26679201
- Added:3 day(s) ago
- Updated:April 11, 2026 at 10:31 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:10
- Kitchen Description:Refrigerator
- 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
- Levels:2 Story
Finances and disclosures
- Price:$3,550,000
- Price per sq. ft.:$615.78
Parking
- Parking description:On Street
New listings near 5529 Dairy Avenue
- Coming Soon
$435,000Coming Soon1 beds 1 baths1061 Park Avenue #302, Long Beach, CA 90804
MLS# PW26077910Listed by: KELLER WILLIAMS PACIFIC ESTATE
$620,000Pending3 beds 2 baths1,120 sq. ft.3705 Country Club, Long Beach, CA 90807
MLS# PW26077478Listed by: FIRST TEAM REAL ESTATE- Coming SoonOpen Sun, 1 to 4pm
$849,000Coming Soon2 beds 2 baths6225 Riviera Circle, Long Beach, CA 90815
MLS# PW26073416Listed by: COLDWELL BANKER REALTY - New
$495,000Active2 beds 1 baths946 sq. ft.436 Cedar Avenue #15, Long Beach, CA 90802
MLS# RS26077449Listed by: SOUTHLAND REAL ESTATE SERVICE - Open Sun, 1 to 4pmNew
$1,199,000Active3 beds 3 baths2,120 sq. ft.326 W 10th Street, Long Beach, CA 90813
MLS# 26696645Listed by: THE AGENCY - Open Sun, 12 to 3pmNew
$749,900Active3 beds 2 baths1,620 sq. ft.300 E 4th Street #304, Long Beach, CA 90802
MLS# PW26074228Listed by: COLDWELL BANKER REALTY - New
$2,950,000Active-- beds -- baths5,847 sq. ft.625 Orizaba #6, Long Beach, CA 90814
MLS# PW26074402Listed by: KINNERY'S BROKERAGE HOUSE
$390,000Active1 beds 1 baths693 sq. ft.576 N Bellflower #233, Long Beach, CA 90814
MLS# OC26005278Listed by: HOMESMART, EVERGREEN REALTY- New
$1,350,000Active8 beds 6 baths1242 E 7th St, Long Beach, CA 90813
MLS# PW26065037Listed by: YOUNGLEWIN ADVISORS, INC. - New
$489,000Active3 beds 1 baths781 sq. ft.2412 Gale, Long Beach, CA 90810
MLS# PW26077185Listed by: REALTY ONE GROUP UNITED