1323 Dawson, Long Beach CA 90804 | $1,750,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6464 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1923
  • MLS#: OC25002272
  • Community: 7 - North Long Beach

Listing provided courtesy of Mike Marcu of Mike Marcu, Broker. Last updated 2025-11-11 09:11:47.000000. Listing information © 2025 SANDICOR.

1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 8.59% capitalization rate and 7.27 GRM on stabilized current rents, meaning the 3 vacant units are renovated and rented. With ten studios and two one-bedroom units, the property’s efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. Market rent, returns exceed a 9.40% capitalization rate and a 6.94 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash returns with additional upside.

More Details

0.15 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985