NOT LISTED FOR SALE

1135 Dawson Ave Long Beach, CA 90804

Cambodia Town Neighborhood
-- Bed
1 Bath
3,870 Sq Ft
6,502 Sq Ft Lot

Last Sold August 12, 2016

Last sale price $1,100,000 $284 Per Sq Ft

21 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Home Security System
  • Woodrow Wilson High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of August 2016

Great investment of a single story apartment building that is well maintained fully occupied and generates positive income. Partial copper plumbing nearly 90% of the bldg., aluminum windows, owner has repainted, added security cameras and security gated, has a separate laundry room. Never a problem filling any vacancies and is 100% occupied. Easy access to transit and shopping. Owners first building and after all the years in apartment ownership is now selling to retire form the business. Seller has a 4 unit building one blocks away that would prefer to sell together. Other building located at 1143 Junipero Ave. May be special pricing if purchased together and buyer can get in with 30% down payment.
Perfect for the experienced investor seeking to add to their portfolio or the person just starting off in the business.

Last Agent to Sell the Property

Sophia De La Vara

Keller Williams License #01127097 Listed on: 05/04/2016

Keller Williams

Last Buyer's Agent

Andrew McAllister

eXp Realty of Greater L.A License #01946829

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,502 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence
  • Paved or Partially Paved Lot

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,870 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Screens
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Source of electricity is unknown
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 8
  • Tax Tract Number 3695
  • Assessor Parcel Number 7261033021

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,350
  • Maintenance Expense $5,130
  • Other Expense $6,600
  • Pest Control $360
  • Professional Management Expense $5,130
  • New Taxes Expense $15,438
  • Gross Income $8,550
  • Net Operating Income $65,015

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 5.26
  • Professional Management Expense: 5130.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Security System
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7261033021
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 284.24
  • Window Features: Insulated Windows, Screens

Exterior Features

  • Foundation: Raised
  • Fencing: Security, Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Water Heater Central
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Sewer
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6502.00
  • Price Per Lot Square Foot: 169.18

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average Studio Area: 322
  • Gross Income: 8550.00
  • Gross Multiplier: 11.93
  • Gross Scheduled Income: 102600.00
  • Insurance Expense: 2350.00
  • Laundry Equipment Own Lease: Lease
  • Maintenance Expense: 5130.00
  • Net Operating Income: 65015.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Number With Range: 12
  • Operating Expense: 35408.00
  • Other Expense: 6600.00
  • Other Expense Description: utilitie
  • Rent Control: No
  • Total Actual Rent: 8550.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 15438.00
  • Tax Area: 11-933
  • Tax Lot: 8
  • Tax Tract Number: 3695
  • Tax Year: 2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2025 03/05/25 Off Market $1,495 -- --
01/31/2025 01/31/25 For Rent $1,495 0.0% --
08/12/2016 08/12/16 Sold $1,100,000 -10.9% $284 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $1,235,000 -- $319 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sophia De La Vara

    Seller's Agent in 2016

    Sophia De La Vara

    Keller Williams

    (562) 755-9650

    129 Total Sales

    Sophia De La Vara
    Section Image

  • A

    Buyer's Agent in 2016

    Andrew McAllister

    eXp Realty of Greater L.A

    (562) 423-8134

    17 Total Sales

    Andrew McAllister
    Section Image
  • Drew McAllister

    Buyer's Agent in 2016

    Drew McAllister

    Nationwide Real Estate Execs

    (562) 528-8105

    14 Total Sales

    Drew McAllister
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16094325

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Cambodia Town

1135 Dawson Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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