Long Beach, CA 90804,1124 Dawson Avenue
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Long Beach, CA 90804,1124 Dawson Avenue
Long Beach, CA 90804,1124 Dawson Avenue
Long Beach, CA 90804,1124 Dawson Avenue
Long Beach, CA 90804,1124 Dawson Avenue

$1,650,000

Est. payment /mo

$1,649,000

0.1%
Est.Price: ?

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1124 Dawson Avenue Long Beach, CA 90804

9 Beds

6 Baths

6,537 Sqft Lot

SOLD DATE : 06/04/2025

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25073637

Sold Date 06/04/25

Bedrooms 9

HOA Y/N No

Lot Size 6,537 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This beautifully remodeled 4-unit property in the heart of Zaferia presents an incredible investment opportunity with strong rental income potential. Spanning 3,940 square feet on a 6,537-square-foot lot, this spacious building consists of two 3-bedroom, 2-bathroom units, one 2-bedroom, 1-bathroom unit, and one 1-1, one-bathroom unit. With proforma rents of $3,650 and $3,150 for the three-bedroom units, $2,550 for the two-bedroom unit, and $2,150 for the one-bedroom unit, this property offers a projected monthly rental income $11,400 ($137,400 annually), making it a true cash cow for investors. The property includes 3 garages and 2 uncovered parking spaces, ensuring ample parking for tenants. Recent renovations have enhanced the interiors, offering modern finishes and attractive living spaces that are highly desirable in todays rental market. Located in the vibrant Zaferia neighborhood of Long Beach, this property is surrounded by a mix of historic charm and modern conveniences. Originally established as a streetcar suburb, Zaferia has evolved into a dynamic district known for its eclectic dining, boutique shopping, and thriving local businesses. Just minutes away, tenants can enjoy popular spots like The Bamboo Club, a beloved tiki bar and restaurant, and Los Compadres, known for its authentic Mexican cuisine. Nearby coffee shops such as Commodity and Black Dog Coffee Roasters provide great local hangouts, while retail options like Lazy Acres Natural Market and LBX Exchange offer convenient shopping experiences. The neighborhood is also adjacent to Rose Park and just a sho
This beautifully remodeled 4-unit property in the heart of Zaferia presents an incredible investment opportunity with strong rental income potential. Spanning 3,940 square feet on a 6,537-square-foot lot, this spacious building consists of two 3-bedroom, 2-bathroom units, one 2-bedroom, 1-bathroom unit, and one 1-1, one-bathroom unit. With proforma rents of $3,650 and $3,150 for the three-bedroom units, $2,550 for the two-bedroom unit, and $2,150 for the one-bedroom unit, this property offers a projected monthly rental income $11,400 ($137,400 annually), making it a true cash cow for investors. The property includes 3 garages and 2 uncovered parking spaces, ensuring ample parking for tenants. Recent renovations have enhanced the interiors, offering modern finishes and attractive living spaces that are highly desirable in todays rental market. Located in the vibrant Zaferia neighborhood of Long Beach, this property is surrounded by a mix of historic charm and modern conveniences. Originally established as a streetcar suburb, Zaferia has evolved into a dynamic district known for its eclectic dining, boutique shopping, and thriving local businesses. Just minutes away, tenants can enjoy popular spots like The Bamboo Club, a beloved tiki bar and restaurant, and Los Compadres, known for its authentic Mexican cuisine. Nearby coffee shops such as Commodity and Black Dog Coffee Roasters provide great local hangouts, while retail options like Lazy Acres Natural Market and LBX Exchange offer convenient shopping experiences. The neighborhood is also adjacent to Rose Park and just a short drive from Cal State Long Beach, Retro Row, and Belmont Shore, making it an attractive location for a wide range of tenants.

Location

State CA

County Los Angeles

Area Long Beach (90804)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $76

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $3,650

Listing Terms Cash, Conventional, Exchange, FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Bret Lewis • Bret Lewis, Broker
Bought with Bret Lewis • Bret Lewis, Broker
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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