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$1,300,000   Price Analysis
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1015 Dawson Ave
Long Beach, CA 90804
8 bed 6 bath 3,744 SqFt ($347/SqFt)
6,515SqFt lot. Built 1920
Listed 2024-03-06, Taxes $7,354
Ⓧ USDA Ineligible
due to price & location

near Long Beach

Welcome to this rare investment opportunity featuring four units in total.

The front building houses two units, each offering 1 bedroom, 1 bathroom and a bonus room. The two back units are situated atop four large garages and offer 3 bedrooms and 2 bathroms each. This property is a light fixer-upper with high income potential.

Currently, the rents are well below market value, presenting a significant opportunity for increased rental income. Please respect the privacy of the tenants and refrain from disturbing them. Don't miss out on this fantastic opportunity to add a high-performing property to your portfolio. Schedule your viewing today!


Presented by Traloun Song at
Coldwell Banker Realty .


Property MLS #PW24045699 from CRMLS

Bedrooms: 8

Appliances: Disposal, Gas Range, Water Heater
Appliances YN: Yes

Full Bathrooms: 6

Heating Features: Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Wood

Lot Description: Lot 6500-9999
Lot Size Acres: 0.1495638
Lot Size Source: Assessor
Lot Size Square Feet: 6515

Garage Spaces: 8
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 4
Tenant Pays: Electricity, Gas, Trash Collection
Rent Control: Yes

Community Features: Sidewalks, Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 736.00
Area: 3 - Eastside, Circle Area
Source Neighborhood: Eastside (ES)
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 7262007027
Postal Code Plus 4: 7442
Subdivision: Eastside (ES)
Zoning: LBR2N
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$338,034 + $205,233
$543,267
$7,354
2021$331,406 + $201,209
$532,615
$7,188
2020$328,008 + $199,146
$527,154
$7,168
2019$321,577 + $195,242
$516,819
$7,086
2018$315,272 + $191,414
$506,686
$6,821
2017$309,091 + $187,661
$496,752
$6,750
2016$303,031 + $183,982
$487,013
$6,265
2015$298,480 + $181,219
$479,699
$6,023
2014$292,634 + $177,670
$470,304
$5,999
2013$291,312 + $176,868
$468,180
$5,820
2012$285,600 + $173,400
$459,000
$5,910
2010$280,000 + $170,000
$450,000
$3,481
2009$152,887 + $103,713
$256,600
$3,437
2009$152,524 + $103,467
$255,991
$3,437
2008$149,890 + $101,680
$251,570
$3,210
2007$146,951 + $99,687
$246,638
$3,105

Listed 2024-03-06
$1,300,000
CRMLS
Listing removed 2024-01-11
$0
CRMLS
Relisted 2023-12-31
$1,300,000
CRMLS
Listing removed 2023-12-13
$0
CRMLS
Price Changed 2023-11-09
$1,300,000
CRMLS
Listed 2023-09-11
$1,350,000
CRMLS
Sold 2010-12-21
$226,000
Public Record
Sold 2000-04-04
$215,000
Public Record
Sold 1995-09-13
$263,500
Public Record
Sold 1995-03-17
$76,500
Public Record
Sold 1989-03-01
$387,500
Public Record
Sold 1988-08-24
$343,000
Public Record
Sold 1987-12-22
$142,000
Public Record

Net Operating Income: 73113.00

Total Square Feet Living: 3744
Year Built: 1920
Building Features: 2
Common Walls: 2+ Common Walls, No One Above, No One Below
Entry Level: 1
Entry Location: street
Property Age: 104
Property Attached: Yes
Roof: Asphalt
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Public Records

Parking

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1826.00
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

Willard Elementary School is a public elementary school located approximately 0.6 miles away.
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Jefferson Leadership Academies School is a public middle school located approximately 1 miles away.
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Wilson High School is a public high school located approximately 1.4 miles away.
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City Christian School is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.