927 Daisy Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
927 Daisy Avenue,Long Beach, CA 90813
$3,900,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jeff kim
Office:exp realty of california, inc.
MLS#:PTP2407022
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,900,000
About this home
This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes. Recent exterior upgrades include a new roof, new exterior railings, improved decks and walkways and select window replacements. This property also offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs - the current owner passed the pre-planning stage with the City. More building features include a controlled-access gate for extra privacy and security and a community laundry room. This apartment community is located in a residential yet walkable pocket of Southwest Long Beach, near the heart of Downtown and the East Village Arts District.
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Home facts
- Listing ID #:PTP2407022
- Added:318 day(s) ago
- Updated:September 30, 2025 at 01:47 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Finances and disclosures
- Price:$3,900,000
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