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Local Realty Service Provided By: Coldwell Banker Realty

1124 Dawson Avenue, 
Long Beach, CA 90804

$1,650,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Bret Lewis

Bret Lewis, Broker

MLS#

PW25073637

Source:

CAREIL

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About This Home

1124 Dawson Avenue

This beautifully remodeled 4-unit property in the heart of Zaferia presents an incredible investment opportunity with strong rental income potential. Spanning 3,940 square feet on a 6,537-square-foot lot, this spacious building consists of two 3-bedroom, 2-bathroom units, one 2-bedroom, 1-bathroom unit, and one 1-1, one-bathroom unit. With proforma rents of $3,650 and $3,150 for the three-bedroom units, $2,550 for the two-bedroom unit, and $2,150 for the one-bedroom unit, this property offers a projected monthly rental income $11,400 ($137,400 annually), making it a true cash cow for investors. The property includes 3 garages and 2 uncovered parking spaces, ensuring ample parking for tenants. Recent renovations have enhanced the interiors, offering modern finishes and attractive living spaces that are highly desirable in today’s rental market. Located in the vibrant Zaferia neighborhood of Long Beach, this property is surrounded by a mix of historic charm and modern conveniences. Originally established as a streetcar suburb, Zaferia has evolved into a dynamic district known for its eclectic dining, boutique shopping, and thriving local businesses. Just minutes away, tenants can enjoy popular spots like The Bamboo Club, a beloved tiki bar and restaurant, and Los Compadres, known

Home Facts

Multi-Family

Built in 1958

Price Summary

1,649,000

MLS #:

PW25073637

Sold:

June 4, 2025


Structure

Structure

Year Built:

1958


Lot

Lot Size (Sq. Ft):

6,537


Finances & Disclosures

Finances

Price:

$1,649,000

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