Closed – 9 Units in Central Long Beach | $2,145,000
Cameron Samimi of Lyon | Stahl Investment Real Estate is excited to have closed 1119 Dawson Ave,
a 9 unit apartment building in central Long Beach.
This 7,709 Sq Ft property sold for $2,145,000!
Built in 1987, the property consists of (8) 2 bed + 2 bath units and (1) 1 bed + 1 bath units. Units average 865 square feet. The property
features all copper plumbing, which substantially reduces plumbing repair expense and pitched roofs, which also have the longest
life spans available. Additionally, the property offers 12 onsite parking spaces within a gated parking garage at grade level.
The building is situated on a 7,790-square foot lot on the west side of Dawson Ave, between 7th St and Anaheim St.
There is easy access to Downtown Long Beach, Port areas, San Pedro, 710 freeway and areas East on 7th street. Ample grocery, restaurant
and other retail establishments are located within a short distance to the property This area is considered by many to be the highest demand
rental area in Long Beach. The zip code 90804 has seen rent increases of over 15% per year for the last 3 years.
- Cameron Samimi at Cameron@lyonstahl.com – (310) 880-3855