Seller's Agent in 2023
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
5 in this area
74 Total Sales
927 Daisy Ave Long Beach, CA 90813
Willmore Neighborhood
2
Beds
1
Bath
13,641
Sq Ft
7,559
Sq Ft Lot
Highlights
- 0.17 Acre Lot
- Laundry Room
- 2-minute walk to Drake Park
About This Home
As of October 2023927 Daisy Avenue is a 16-unit apartment property in Long Beach, California, adjacent to the vibrant East Village Arts District and Downtown. The controlled-access, all-electric, separately-metered building features sixteen (16) 2BD / 1 BA units. Two (2) of the units are fully remodeled with new flooring, kitchens, stainless steel appliances, new bathrooms and modern fixtures and finishes. Double-pane windows are installed throughout the building for additional energy efficiency. An onsite laundry / storage room provides extra income, and the eight (8) garages offer the opportunity for ADU conversion for additional income. 927 Daisy Avenue is priced at 11.23 GRM and 5.54% cap rate at current rents.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 08/11/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,559 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Parking
- 8 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 13,641 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Listing and Financial Details
- Legal Lot and Block 11 / I
- Tax Tract Number 5758
- Assessor Parcel Number 7271021044
- $2,945 per year additional tax assessments
Community Details
Overview
- 16 Units
- Willmore District Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 16 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $2,507
- Gardener Expense $1,200
- Insurance Expense $12,000
- Maintenance Expense $11,200
- Other Expense $4,800
- Pest Control $1,000
- Professional Management Expense $24,043
- Trash Expense $9,789
- Water Sewer Expense $3,590
- New Taxes Expense $49,010
- Operating Expense $120,639
- Gross Income $336,862
- Net Operating Income $216,223
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2024 09/03/24 | For Rent | $2,195 | 0.0% | -- | |
| 10/24/2023 10/24/23 | Sold | $3,800,000 | -2.6% | $279 / Sq Ft | |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | For Sale | $3,900,000 | +17.3% | $286 / Sq Ft | |
| 05/26/2017 05/26/17 | Sold | $3,325,000 | -3.6% | $244 / Sq Ft | View Prior Sale |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- | |
| 03/22/2017 03/22/17 | Price Changed | $3,450,000 | +1.5% | $253 / Sq Ft | |
| 02/09/2017 02/09/17 | For Sale | $3,400,000 | +70.0% | $249 / Sq Ft | |
| 02/15/2013 02/15/13 | Sold | $2,000,000 | -4.8% | $147 / Sq Ft | View Prior Sale |
| 12/05/2012 12/05/12 | Pending | -- | -- | -- | |
| 10/26/2012 10/26/12 | For Sale | $2,100,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 | $50,270 | $3,876,000 | $2,550,000 | $1,326,000 |
| 2024 | $50,270 | $3,800,000 | $2,500,000 | $1,300,000 |
| 2023 | $49,207 | $3,709,096 | $2,599,157 | $1,109,939 |
| 2022 | $46,194 | $3,636,370 | $2,548,194 | $1,088,176 |
| 2021 | $45,227 | $3,565,070 | $2,498,230 | $1,066,840 |
| 2019 | $44,577 | $3,460,050 | $2,424,132 | $1,035,918 |
| 2018 | $43,499 | $3,392,220 | $2,376,600 | $1,015,620 |
| 2016 | $31,347 | $2,512,743 | $1,756,382 | $756,361 |
| 2015 | $25,318 | $2,049,220 | $1,434,454 | $614,766 |
| 2014 | $25,197 | $2,009,080 | $1,406,356 | $602,724 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Kevin King
Seller's Agent in 2013
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23149080
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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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