San Clemente - Ali Ardabili Team
1/1
Listed By: Mike Marcu, Broker, 562-260-0940
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
Overview
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$2,400,000
1323 Dawson Avenue, Long Beach, CA 90804
6,499 sq ft
.15 ac
$2,400,000

1323 Dawson Avenue, Long Beach, CA 90804

Estimation provided by Keller Williams Realty Inc.
6,499 sq ft
.15 ac
Active
For Sale

Property Description

1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
6,499 sq ft
Year Built
1923
Days on Site
88 Days
Parking
No
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $2,400,000
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Price & Tax History

Date
Event
Price
01/04/2025
Listed
$2,400,000
(+163.74%)
04/23/2015
Sold
$910,000
(+85.71%)
12/02/2002
Sold
$490,000
(+100%)
07/24/1996
Sold
$245,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$15,223
(+6.32%)
$1,064,221
Land 462,070 + Additions 602,151
2022
$14,318
(+2.34%)
$1,022,954
Land 444,128 + Additions 578,826
2021
$13,990
(+1.46%)
$1,022,954
Land 444,128 + Additions 578,826
2019
$13,789
(+11,455.63%)
$1,011,021
Land 439,575 + Additions 571,446
2017
$119.33
$971,763
Land 414,222 + Additions 538,488
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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