1015 Dawson Avenue

Long Beach, CA 90804

$1,300,000
Price
8
Beds
6
Baths
3,744 Sq. Ft.
$347 / Sq. Ft.
3,744
Sq. Ft.
$347
per Sq. Ft.

Description

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 bathrooms each. 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...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 bathrooms each. 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!
  1. Listed by Luen Song • DRE #01733206 • Brokerage DRE #00616212 • Coldwell Banker Realty • write.luen@gmail.com

Property Details for 1015 Dawson Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3744

Location

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206
Add your commute
LISTING UPDATED: 04/09/2024 07:04 AM

Property Details for 1015 Dawson Avenue

StatusActive
MLS #PW24045699
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.15 AC / 6,515 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206
Add your commute

Building Information for 1015 Dawson Avenue

Stories2Residences-Year Built1920Building Size-Lot Size0.15 AC / 6,515 SF

Payment Calculator

$7,746 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$651

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1015 Dawson Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $76,800
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $73,113
Expense Details
  • Operating Expense: $3,687
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $736
  • Trash Expense: $0
  • Water Sewer Expense: $1,826
  • Total Expenses: $2,562
Tax / Assessment Info
  • Tax Tract Number: 23
  • Tax Census Tract: 5769.01
  • CFD/Mello-Roos Fee: $894
  • Tax Lot: 23
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Water Heater
  • Equipment: None
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Asphalt
  • Entry Location: street
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1015 Dawson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 Dawson Avenue

Taxable ValueLand$209,337Additions$344,794Total$554,131
Tax Record2023$7,815 ($651 / month)
Home Facts
Total Finished SqFt3,744 SqFtAbove Grade Finished SqFt3,744 SqFtLot Size6,515 SqFtStyleQuadraplexYear Built1920ZoningLBR2NCountyLOS ANGELESAPN7262-007-027

Schools near 1015 Dawson Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1015 Dawson Avenue is a multi-family home for sale in Long Beach, CA 90804. This property was listed for sale on March 6, 2024 by Coldwell Banker Realty, it's currently listed at $1,300,000. It has been on the market for a total of 52 days and was last sold on December 6, 2010. This listing's school district is Long Beach Unified School District. Nearby schools include Willard Elementary School, Jefferson Leadership Academies School and Wilson High School. 1015 Dawson Avenue is a 8-bed, 6-bath, 3,744 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.