1208 Daisy Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $13,245/month
About This Home
PRICED TO SELL - 9.6 GRM AND 6.5% CAP. EARN OVER A 9% CASH ON CASH RETURN. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games. Excellent lender financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,424 Sq Ft Lot
- Lot Dimensions are 50x150
Interior Spaces
- 5,036 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 12 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 7272-003-006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,187 | $1,732,731 | $1,115,517 | $617,214 |
| 2024 | $23,130 | $1,698,757 | $1,093,645 | $605,112 |
| 2023 | $22,720 | $1,665,449 | $1,072,201 | $593,248 |
| 2022 | $21,342 | $1,632,794 | $1,051,178 | $581,616 |
| 2021 | $20,890 | $1,600,779 | $1,030,567 | $570,212 |
| 2019 | $20,309 | $1,530,000 | $1,071,000 | $459,000 |
| 2018 | $18,840 | $1,425,348 | $998,784 | $426,564 |
| 2016 | $13,839 | $1,066,011 | $746,208 | $319,803 |
| 2015 | $11,842 | $920,000 | $522,800 | $397,200 |
| 2014 | $11,110 | $840,000 | $477,300 | $362,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | Price Changed | $2,039,000 | -0.5% | $405 / Sq Ft | |
| 07/13/2026 07/13/26 | For Sale | $2,049,000 | +49.6% | $407 / Sq Ft | |
| 01/25/2016 01/25/16 | Sold | $1,370,000 | -1.8% | $272 / Sq Ft | View Prior Sale |
| 11/30/2015 11/30/15 | Pending | -- | -- | -- | |
| 11/06/2015 11/06/15 | For Sale | $1,395,000 | -- | $277 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,553,500 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,370,000 | North American Title Company | |
| Grant Deed | $825,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Co Brea Branch | |
| Grant Deed | $915,000 | Ticor Title Co Brea Branch | |
| Quit Claim Deed | $25,000 | -- | |
| Grant Deed | $80,000 | Old Republic Title Company | |
| Trustee Deed | $200,000 | World Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,781,250 | Commercial | |
| Closed | $1,500,000 | Construction | |
| Previous Owner | $577,500 | Commercial | |
| Previous Owner | $686,250 | Commercial | |
| Previous Owner | $284,000 | Commercial | |
| Previous Owner | $210,000 | Commercial |
Source: The MLS
MLS Number: 26859339
APN: 7272-003-006
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