850 Daisy Avenue

Long Beach, CA 90813

$1,099,000
Last Sold Price
6
Beds
5
Baths
2,684 Sq. Ft.
$409 / Sq. Ft.
2,684
Sq. Ft.
$409
per Sq. Ft.

Description

Located less than a mile from the fun and shops of Rainbow Harbor, this beautiful historic four bedroom two bath craftsman home already features your income producing triplex attached in the back of the lot. Check the value on the big front unit alone - 4BR 2Ba craftsman homes in this area in the past year have all sold between $900-$1m, reaching as high as $1.075 with just another half bath! Then the _median_ price for a triplex is over $929k.. so with both the big front unit and the triplex, this...Located less than a mile from the fun and shops of Rainbow Harbor, this beautiful historic four bedroom two bath craftsman home already features your income producing triplex attached in the back of the lot. Check the value on the big front unit alone - 4BR 2Ba craftsman homes in this area in the past year have all sold between $900-$1m, reaching as high as $1.075 with just another half bath! Then the _median_ price for a triplex is over $929k.. so with both the big front unit and the triplex, this is an amazing value in a quality location. This lot is available to be purchased separately or together with 3 other lots as a portfolio. Now is the rare opportunity to own some of the type of units usually reserved for legacy investors. Or live in this front house and use the triplex income to help make your house payment.
  1. Listed by Martie Etheridge • DRE #00645855 • Brokerage DRE #01353781 • RE/MAX Select One
  2. Listed by Maggie Ureno • DRE #01319367 • Brokerage DRE #01353781 • RE/MAX Select One

Property Details for 850 Daisy Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2684
Assessor Parcel Number
7272-016-005
Property Attached YN
false

Location

Listing Courtesy of RE/MAX Select One, Martie Etheridge, DRE #00645855; RE/MAX Select One, Maggie Ureno, DRE #01319367

Sold By K & K Realty Group, Inc., Armando Macias, DRE #01515557

Add your commute
LISTING UPDATED: 07/05/2023 08:21 PM

Property Details for 850 Daisy Avenue

StatusClosed
MLS #OC22198445
Days on Market256
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.09 AC / 4,000 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Select One, Martie Etheridge, DRE #00645855; RE/MAX Select One, Maggie Ureno, DRE #01319367

Sold By K & K Realty Group, Inc., Armando Macias, DRE #01515557

Add your commute

Building Information for 850 Daisy Avenue

Stories-Residences-Year Built1918Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$6,123 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$125

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 850 Daisy Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,140
  • Gross Scheduled Income: $34,140
  • Net Operating Income: $17,207
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $16,933
  • New Taxes Expense: $1,369
  • Pest Control Expense: $320
  • Insurance Expense: $2,079
  • Trash Expense: $2,000
  • Total Expenses: $16,933
Tax / Assessment Info
  • Tax Tract Number: 2
  • Tax Census Tract: 5758.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Biking, Park, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Rectangular Lot, Park Nearby
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $605
  • Unit Type Total Rent: $605
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $630
  • Unit Type Total Rent: $630
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 850 Daisy 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 850 Daisy Avenue

Taxable ValueLand$30,093Additions$26,685Total$56,778
Tax Record2023$1,494 ($125 / month)
Home Facts
Total Finished SqFt2,684 SqFtAbove Grade Finished SqFt2,684 SqFtLot Size4,000 SqFtStyleQuadraplexYear Built1918ZoningLBPD10CountyLOS ANGELESAPN7272-016-005

Schools near 850 Daisy 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
Public - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Renaissance High School For The Arts
Public9 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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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 RE/MAX Select One, Martie Etheridge, DRE #00645855; RE/MAX Select One, Maggie Ureno, DRE #01319367

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.