528 Daisy Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1910
- Living area
- 4,144 sq ft
- Lot size
- 7,474 sq ft
- Stories
- 2
- Days on market
- 152
- MLS status
- Active
- Zoning
- LBPD30
Features & Amenities
Parking
- Driveway
Community, Schools & Utilities
Utilities
- Heating
- None
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 528 Daisy Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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