Huge Price Improvement! Prime Downtown Long Beach 7-Unit Multifamily | 528 Daisy Avenue is a well-maintained 7-unit multifamily property located in the heart of Downtown Long Beach with a Walk Score of 89. The asset benefits from strong tenant demand due to proximity to the Civic Center, dining, retail, and major transit corridors. The property features a highly desirable unit mix, primarily spacious 1-bedroom units, complemented by 2-bedroom units, a studio, and a newly added 3-bedroom unit, enhancing both income and long-term appeal. Several units have been tastefully updated, offering a low-maintenance, turnkey investment with minimal near-term capital needs. Offered at an attractive 6% cap rate and 11.7 GRM, 528 Daisy Avenue provides in-place cash flow with upside through continued rent optimization. A rare opportunity to acquire a stabilized asset in one of Long Beach's most walkable and in-demand rental submarkets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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