1029 Dawson Ave

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1029 Dawson Ave

Long Beach, CA 90804
Asking Price
$1.00M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Long Beach, CA
  • Total building configuration consists of two individual units
  • Asking price for the property is set at $1,000,000
  • Situated in a well-connected area of the Los Angeles metro
  • Asset provides potential for residential investment in a coastal market

What's Special

This multifamily apartment building contains two units and is situated at 1029 Dawson Ave in Long Beach, California. The property is positioned within a dense urban landscape that benefits from the robust economic activity and consistent demand for rental housing typical of the Greater Los Angeles area. Long Beach provides a strategic coastal location with convenient access to major transportation corridors, serving as a hub for both international trade and a growing residential population. Investors may find this asset suitable for long-term hold strategies or repositioning efforts within the local rental market. The configuration of the units allows for versatile management approaches, appealing to those seeking a foothold in this established Southern California submarket. Proximity to local infrastructure and regional employment centers supports the viability of this asset for residential occupancy.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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