927 Daisy Avenue, Long Beach, CA 90813

About this property

927 Daisy Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features sixteen (16) 2BD / 1 BA units. Two (2) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room provides extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional income. 927 Daisy Avenue is priced at 11.23 GRM and 5.54% cap rate at current rents.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$3,800,000

Sold October 2023 · listed $3,900,000, on market August 2023 · MLS #PW23149080 · Source: CRMLS

Listing Agent: Robert Stepp · Listing Office: Keller Williams - Santa Monica · Contact: 310-482-2200 · Bought with: Trey Mitchell · CB Richard Ellis, Inc.

$3,325,000

Sold May 2017 · listed $3,450,000, orig. $3,400,000, on market February 2017 · MLS #PW17027818 · Source: CRMLS

Listing Agent: Robert Stepp · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Robert Stepp · Keller Williams Pacific Estate

$2,000,000

Sold February 2013 · listed $2,100,000, on market October 2012 · MLS #P839303 · Source: CRMLS

Listing Agent: Kevin King · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Kevin King · Marcus & Millichap

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