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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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927 Daisy Avenue Long Beach, CA 90813
$3,900,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. There is a controlled-access gate for extra privacy and security for all tenants. A community laundry room is offered on the property and can acquire extra income. At 100% occupancy, the CAP Rate: 6.17%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PTP2407022
List price is $3,900,000 Reduced by $200,000 on 1/9/2025
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1964
0.17 acres
Lot size: 0.1735
County: Los Angeles
Zoning: Commercial
Appliances: Electric Range,Refrigerator
Parking description: Garage,On Street
Lot description: Level
MLS area: 197 - Long Beach

Last Updated: 3/11/2025

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This listing belongs to the 197 - Long Beach MLS area

Lat/Long: 33.778369, -118.199724.
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Listing Agent: Jeff Kim
Co Listing Agent: Kathryn Deuth
Lic#: 01276603
Office Name: Tustin

Area Map

Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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