#OC25040680, Tyler Leeson, Listing Office: Marcus & Millichap RE Invest

1323 Dawson Ave Long Beach, CA 90804
Property details
About 1323 Dawson Ave
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 8.85 GRM and 7.36% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and 2 one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 7.5% range and an attractive Market GRM, this property offers a strong cash flow investment opportunity.
Highlights
Summary
- Private Pool: No
- List Price: $1,995,000
- Annual Tax Amount: $15,508
- Tax Year: 2024
- Directions: Anaheim Blvd to Dawson north
- Year Built: 1923
- Stories: 2
- Lot Size: 0.1484 Acres
- MLS Number: OC25002272
- MLS Name: CRMLS
- Office Name: Mike Marcu, Broker
- Office Phone: (949) 688-1224
- Listing Agent: Mike Marcu
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,995,000
1323 Dawson Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 29, 2015 | Home Sold | $910,000 |
Jan 31, 2003 | Home Sold | $490,000 |
Aug 09, 1996 | Home Sold | $245,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,085,475 | $15,508 |
2023 | $1,064,221 | $15,223 |
2022 | $1,043,383 | $14,317 |
2021 | $1,022,954 | $13,990 |
2020 | $1,011,021 | $13,789 |
2019 | $991,198 | $13,387 |
2018 | $971,763 | $13,242 |
2017 | $952,710 | $13,242 |
History based on county public records data.
Nearby schools
6
Nieto Herrera Elementary School
Public District KG-5
0.5 mi
•1620 Temple Ave
4
John G. Whittier Elementary School
Public District KG-5
0.5 mi
•1761 Walnut Ave
5
Willard Elementary School
Public District KG-5
0.6 mi
•1055 Freeman Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,818. The majority of Long Beach, CA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1323 Dawson Ave
The listing price of 1323 Dawson Ave property is $1,995,000.
The property 1323 Dawson Ave is a condo located in Long Beach, California, 90804.
Active Listing: 1323 Dawson Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1323 Dawson Ave are: Nieto Herrera Elementary School (GreatSchools Rating 6/10), John G. Whittier Elementary School (GreatSchools Rating 4/10), Willard Elementary School (GreatSchools Rating 5/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10), Richard D. Browning High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $15,508 (source: MLS/based on county public records data).
The last sale was on May 29, 2015 for $910,000 (source: MLS/tax record).
The property at 1323 Dawson Ave has 0 bathroom.
The year of construction for 1323 Dawson Ave is 1923.
This home is located at 1323 Dawson Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $1,995,000.
In April 2025 more than 70 listings in Long Beach, CA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 65 were sold below. In April 2025 in Long Beach, CA there were 7.6% more homes for sale than in March. In April 2025, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $839,980.