5529 Dairy Avenue, Long Beach, CA 90805

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
5529 Dairy Avenue,Long Beach, CA 90805
$3,350,000
  • 15 Beds
  • 10 Baths
  • 5,765 sq. ft.
  • Multi-family
  • Active
Listed by: julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26854797
Source:CRMLS

Price summary

  • Price:$3,350,000
  • Price per sq. ft.:$581.09

About this home

Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% 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...

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Home facts

  • Year built:1964
  • Listing ID #:26854797
  • Added:8 day(s) ago
  • Updated:July 10, 2026 at 10:40 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:$3,350,000
  • Price per sq. ft.:$581.09

Parking

  • Parking description:On Street
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