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528 Daisy Ave, Long Beach, CA 90802

  • $1,895,000

    •

  • 9

    bed

  • 8

    bath

  • 4,144

    Sqft ($457/Sqft)

Multi-family for sale 144 days
$100K price drop
Movoto is helping 68 homebuyers near you

About 528 Daisy Ave

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 7,474 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Armin Soleimani
Listing Office - Global Platinum Properties, Inc.
Source: The MLS mls logo
MLS#26645267 • last updated 1 month ago
Movoto checked The MLS for data 5 minutes ago
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Overview
Levels/Style Two
MLS # 26645267
Type Residential Income
Status Active
SqFt 4144
Lot Size (SqFt) 7474
Lot Size (Acres) 0.1716
Year Built 1910
Interior
Total # of Baths 8
Total # of Bedrooms 9
Exterior
Parking Desc Driveway
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LBPD30
APN 7278-021-034
Multifamily Details
Unit 5: # Baths 1, 1
Unit 3: Furnished No
Unit 1: Furnished No
Unit 6: Furnished No
Unit 7: Furnished No
Unit 4: Furnished No
Unit 5: Furnished No
Unit 3: Projected Rent 1995
Unit 1: Projected Rent 1795
Unit 7: Projected Rent 2995
Unit 7: # Baths 1
Unit 7: # Beds 1
Unit 6: # Beds 1
Unit 4: # Beds 1
Unit 7: Rent 2995
Unit 1: Rent 1795
Unit 2: Rent 2495
Unit 3: Rent 1995
Unit 4: Rent 1995
Unit 5: Rent 1995
Unit 6: Rent 1995
Unit 2: Furnished No
Unit 2: Projected Rent 2495
Unit 6: Projected Rent 1995
Unit 5: Projected Rent 1995
Unit 4: Projected Rent 1995
Unit 3: # Beds 1
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 5: # Beds 1
Unit 4: Actual Rent 1650
Unit 7: Actual Rent 2595
Unit 2: Actual Rent 2214
Unit 3: Actual Rent 1695
Unit Type 2106, 2107, 2108, 2109, 2110, 2111, 2112
Unit 5: Actual Rent 1834
Unit 6: Actual Rent 1795
Unit 1: Actual Rent 1695
Total # Of Buildings 4
Net Operating Income 113656
Cap Rate 6
Gross Income 161734
Gross Operating Income 15688
Gross Rent Multiplier 11.7
Total Annual Expenses 43226
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5/10
Chavez Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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