Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.
For sale
Listed by: Sage Real Estate Group, Inc. • Juan Huizar • Contact: 562-307-0838
$3,395,000
5529 Dairy Ave, Long Beach, CA 90805
15beds
10baths
5,765sqft
Mixed Use
Built in 1964
-- sqft lot
$3,296,800 Zestimate®
$589/sqft
$-- HOA
What's special
- 63 days
- 84
- 1
Zillow last checked:
Listing updated:
Listed by:
Juan Huizar DRE #01417642 562-307-0838,
Sage Real Estate Group, Inc.,
Cody Charnell DRE #01950585 562-896-3851,
Sage Real Estate Group, Inc.
Source: CRMLS,MLS#: PW26176341
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 10
Rooms
- Room types: Kitchen, Living Room
Heating
- Wall Furnace
Appliances
- Included: Gas Oven, Gas Range, Microwave, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Recessed Lighting, Unfurnished
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,765
- Total interior livable area: 5,765 sqft
Property
Parking
- Parking features: None
Features
- Entry location: 1,2
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 5,433 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7126025019
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
Materials
- Foundation: Slab
- Roof: Flat
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: North Long Beach (Nlb)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $589/sqft
- Date on market: 8/19/2026
- Cumulative days on market: 63 days
- Listing terms: Conventional
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$3,296,800
$3.13M - $3.46M
$2,187/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $3,395,000+1.3%$589/sqft |
Source:  CRMLS #PW26176341 Report a problem | ||
| 8/13/2026 | Listing removed | $3,350,000$581/sqft |
Source:  CLAW #26854797 Report a problem | ||
| 7/2/2026 | Listed for sale | $3,350,000$581/sqft |
Source: CLAW #26854797 Report a problem | ||
| 6/26/2026 | Listing removed | $3,350,000$581/sqft |
Source: CLAW #26679201 Report a problem | ||
| 5/12/2026 | Price change | $3,350,000-5.6%$581/sqft |
Source: CLAW #26679201 Report a problem | ||
| 4/8/2026 | Listed for sale | $3,550,000$616/sqft |
Source: CLAW #26679201 Report a problem | ||
| 4/2/2026 | Listing removed | $3,550,000$616/sqft |
Source: CLAW #26647117 Report a problem | ||
| 3/5/2026 | Price change | $3,550,000-3.9%$616/sqft |
Source: CLAW #26647117 Report a problem | ||
| 2/3/2026 | Listed for sale | $3,695,000$641/sqft |
Source: CLAW #26647117 Report a problem | ||
| 2/3/2026 | Listing removed | $3,695,000$641/sqft |
Source: CLAW #25625923 Report a problem | ||
| 1/7/2026 | Price change | $3,695,000-2.6%$641/sqft |
Source: CLAW #25625923 Report a problem | ||
| 12/5/2025 | Listed for sale | $3,795,000$658/sqft |
Source: CLAW #25625923 Report a problem | ||
| 12/2/2025 | Listing removed | $3,795,000$658/sqft |
Source: CLAW #25594549 Report a problem | ||
| 10/29/2025 | Price change | $3,795,000-5%$658/sqft |
Source: CLAW #25594549 Report a problem | ||
| 9/18/2025 | Listed for sale | $3,995,000$693/sqft |
Source: CLAW #25594549 Report a problem | ||
| 5/16/2023 | Listing removed | -- |
Source: CLAW #23-241239 Report a problem | ||
| 2/13/2023 | Listed for sale | $3,995,000+2.6%$693/sqft |
Source: CLAW #23-241239 Report a problem | ||
| 2/8/2023 | Listing removed | -- |
Source: CLAW #23-234249 Report a problem | ||
| 1/20/2023 | Listed for sale | $3,895,000+321.1%$676/sqft |
Source: CLAW #23-234249 Report a problem | ||
| 9/11/2014 | Sold | $925,000+54.2%$160/sqft |
Source: Agent Provided Report a problem | ||
| 8/4/2012 | Sold | $600,000$104/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Long Beach
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