740 Daisy Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $9,777/month
Highlights
- 0.17 Acre Lot
- 1-Story Property
- 5-minute walk to Drake Park
About This Home
PRICED TO SELL - EARN AN 11.0% RETURN AGAINST IN PLACE RENTS. 9.6 GRM AND 6.8% CAP AGAINST IN PLACE RENTS. 8 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 units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.3% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP Siemens panel (Buyer to verify). All interiors are well maintained and feature laminate flooring, tile in the baths and updated kitchens. The property features a Walkscore of 86 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. Excellent financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down. 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Interior Spaces
- 3,440 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 3 Parking Spaces
- Assigned Parking
Additional Features
- 7,534 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 5 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 7272-017-005
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 | $22,753 | $1,671,402 | $1,061,208 | $610,194 |
| 2024 | $21,787 | $1,638,630 | $1,040,400 | $598,230 |
| 2023 | $21,410 | $1,606,500 | $1,020,000 | $586,500 |
| 2022 | $20,103 | $1,575,000 | $1,000,000 | $575,000 |
| 2021 | $17,907 | $1,393,861 | $975,703 | $418,158 |
| 2020 | $17,862 | $1,379,570 | $965,699 | $413,871 |
| 2019 | $17,651 | $1,352,520 | $946,764 | $405,756 |
| 2018 | $17,128 | $1,326,000 | $928,200 | $397,800 |
| 2016 | $9,133 | $700,000 | $490,000 | $210,000 |
| 2015 | $7,480 | $573,748 | $272,086 | $301,662 |
| 2014 | $7,467 | $562,510 | $266,757 | $295,753 |
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 |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $1,459,000 | -7.4% | $424 / Sq Ft | |
| 10/14/2021 10/14/21 | Sold | $1,575,000 | +6.8% | $458 / Sq Ft | View Prior Sale |
| 08/01/2021 08/01/21 | Pending | -- | -- | -- | |
| 07/26/2021 07/26/21 | For Sale | $1,475,000 | +13.5% | $429 / Sq Ft | |
| 03/21/2017 03/21/17 | Sold | $1,300,000 | 0.0% | $378 / Sq Ft | View Prior Sale |
| 06/03/2016 06/03/16 | For Sale | $1,300,000 | -- | $378 / 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 |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | $1,300,000 | Ticor Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $700,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $485,000 | Fidelity Natl Title Ins Co | |
| Grant Deed | $280,000 | -- | |
| Grant Deed | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $885,000 | Commercial | |
| Previous Owner | $525,000 | Commercial | |
| Previous Owner | $393,750 | Commercial | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $210,000 | No Value Available | |
| Previous Owner | $123,500 | Seller Take Back | |
| Closed | $31,250 | No Value Available |
Source: The MLS
MLS Number: 26853593
APN: 7272-017-005
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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