Listing provided courtesy of Mike Marcu of Mike Marcu, Broker. Last updated 2025-10-02 08:11:29.000000. Listing information © 2025 Sandicor.
Asking Price: $1,995,000 |
1323 Dawson, Long Beach CA 90804
Community: 7 - North Long Beach
This Apartment property was built in 1923 and is priced at $1,995,000. Please see the additional details below.
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and 2 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 7.5% range and an attractive Market GRM, this property offers a strong cash flow investment opportunity.
