Property Details
About this Property
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 today’s 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
MLS Listing Information
MLS #
CRPW25073637
MLS Source
California Regional MLS
Days on Site
42
Interior Features
Appliances
Other, Oven Range - Gas, Refrigerator
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 0 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1124 Dawson Ave is a Residential Income in Long Beach, CA 90804. This – square foot property sits on a 6,537 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,649,000 and was built in 1958. This address can also be written as 1124 Dawson Ave, Long Beach, CA 90804.
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This listing information is up-to-date as of April 21, 2025. For the most current information, please contact Bret Lewis
