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Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,144 sqft
Price per Sqft $416
MLS Listing ID 26645267
Sold Date 09/04/26
Bedrooms 9
Year Built 1910
Lot Size 7,474 Sqft
Acres 0.1716
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Downtown Area, Alamitos Beach
Zoning LBPD30
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Parking Features Driveway
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Superior Real Estate
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