1030 Daisy

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1030 Daisy

Long Beach, CA 90813
Asking Price
$1.15M
Cap Rate
5.24%
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 California
  • The property consists of three residential rental units
  • Offering price for the asset is 1150000 dollars
  • Current capitalization rate is recorded at 5.24 percent
  • Situated in a dense urban residential submarket

What's Special

Long Beach serves as a major hub for international trade and maritime commerce, supporting a robust rental housing market within the Greater Los Angeles region. This multifamily property at 1030 Daisy sits within this high-density urban environment, providing consistent access to the coastal area's diverse employment centers and transit infrastructure. The site functions as a three-unit apartment building, catering to the ongoing demand for residential housing in this established Southern California submarket. Investors looking to expand their portfolio in a dense urban corridor may find the current capitalization rate of 5.24 percent suitable for long-term hold strategies. The scale and configuration of the asset allow for straightforward management of the residential units while leveraging the property's position within a stable metropolitan area. This location remains well-connected to the surrounding community amenities and regional economic drivers that define the Long Beach rental landscape.

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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13

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