Long Beach, CA 90802,435 Daisy AVE
Long Beach, CA 90802,435 Daisy AVE
Long Beach, CA 90802,435 Daisy AVE
$1,100,000
Est. payment /mo
$1,195,000
7.9%
Est.Price: ?

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7,553 Sqft Lot
SOLD DATE : 12/30/2021

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW21144123

Sold Date 12/30/21

HOA Y/N No

Year Built 1906

Lot Size 7,553 Sqft

Property Description

We are proud to present a terrific opportunity perfect for investors or an owner occupant looking to supplement their mortgage with rental income in the heart of trendy and rapidly developing Downtown Long Beach. This property is in the City's historical district and has beautiful craftsman architecture. It consists of four detached units. There is one 3 bedroom 1 bath front house and three 1 bedroom 1 bath bungalows in the back. The property also has a one car garage that is currently being used for storage. All units are currently occupied with tremendous upside in rents. Market rents support more than double the current rents and this property would be prefect for short-term rentals as Downtown Long Beach has an extremely high demand for vacation, corporate and insurance rentals.

The new owner of this property will be centrally located just steps away from the best the city of Long Beach has to offer with endless shops, dining and entertainment venues. You will also be within walking distance to the beach. 435 Daisy offers a near perfect walk score at nearly 90, and excellent transit score of 70, allowing occupants to move throughout the city with ease. In addition, Long Beach is experiencing major economic development as witnessed by the $495 million dollar courthouse, state-of-the-art library and countless new residential and commercial developments constructed in the last few years. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. Downtown Long Beach is HOT but much more affordable than other beach cities so don't miss this excellent opportunity to buy the RIGHT place at the RIGHT time.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Interior Features Ceiling Fan(s), Recessed Lighting, All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Gas Dryer Hookup

Exterior

Garage Driveway Level, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Chain Link

Pool None

Community Features Biking

View Y/N No

View None

Roof Type Shingle

Parking Type Driveway Level, Garage

Total Parking Spaces 1

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7278025017

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Aaron Berryman • Endeavor Real Estate
Bought with Khanjani Realty Group • Sync Brokerage, Inc.

GET MORE INFORMATION

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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