Homes for sale - 1323 Dawson Avenue, Long Beach, CA 90804

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Danielle Broad

smiles4dee@gmail.com +1(925) 383-9200

$1,750,000

Est. payment - /mo

6,499 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,499 sqft

Price per Sqft $269

MLS Listing ID CROC25002272

HOA Y/N No

Year Built 1923

Lot Size 6,464 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 8.59% capitalization rate and 7.27 GRM on stabilized current rents, meaning the 3 vacant units are renovated and rented. With ten studios and two one-bedroom units, the property's efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. Market rent, returns exceed a 9.40% capitalization rate and a 6.94 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash retur

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Other Water/Sewer

Building

Water Other

New Construction No

Others

Tax ID 7261021020

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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Mike Marcu • Mike Marcu, Broker

+1(925) 383-9200

smiles4dee@gmail.com

1323 Dawson Avenue Long Beach, CA 90804