1167 Daisy Avenue, Long Beach, CA 90813
Property · 2 recorded sales since 2013
Sold April 2016
Listing Agent: Michael Borba (DRE #01380572) · Listing Office: Borba Investment Realty · Contact: 562-924-3858 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA · MLS #RS15255677 · Source: CRMLS
About this property
Buyers looking for a well-maintained and upgraded property will find this a gem of an investment with nearly 10% upside in rents. The property boasts 6,168 square feet with an excellent unit mix of six two-bedroom/one-bath units and four one-bedroom/one-bath units. Many units have been renovated with hardwood floors, new granite countertops, a brushed steel gas range, newly tiled bathrooms and a fresh coat of paint. The exterior is newly painted and stuccoed and the garden blooms freshly grounded palm trees. The property is located in a strong rental market where tenants enjoy the convenience of Downtown and Belmont Shore access to shopping, dining, entertaining and employment. Owners enjoy the high demand for rentals in this coastal city. The city of Long Beach continues to evolve and is experiencing a $2.2 billion redevelopment with the new Civic Center. The Long Beach Civic Center is estimated to be completed in 2019 and will include a new City Hall, Port of Long Beach headquarters, and multi-family residential units. Long Beach continues its ability to attract renters due to its growth, economy, and quality of life.
Listing description from the April 2016 sale, as reported to CRMLS.
Sale history
