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1061 Dawson Ave, Long Beach, CA 90804
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1061 Dawson Ave Long Beach, CA 90804

$2,400,000 Sold Price as of 04/27/2021
  • 17 Beds
  • 17 Baths
  • 6,805 Sq.Ft.
Sold
$2,400,000 Sold Price as of 04/27/2021 Refinance Your Mortgage
Map preview of 1061 Dawson Ave, Long Beach, CA 90804

Property Overview: 1061 Dawson Ave Long Beach, CA has 17 bedrooms, 17 bathrooms, 6,805 living square feet and 6,280 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located on the border of the desirable Eastside/Poly High area of Long Beach is this well maintained 9 unit building with great rental income on a 13.5 GRM. The building, built in 1986, consists of (8) two bedroom, two bath units and (1) one bed, one bath unit. Features of this fully gated complex include copper piping, most all units are laminate flooring throughout and tile in kitchens and bath, separate gas and electric meters for all units, newer water heaters in all units, newer wall heaters in seven of the units, community laundry with two washers and dryers included in price and owner operated, exterior security cameras with a security closet, owner storage closet and three remote controlled entry gates to access the 14 parking spaces. This is a great investment!

Listed by Mitch Graves | BRE #01260315 | Century 21 Union Realty
Last checked: 55 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,280
HOA Dues
$0/mo
Year built
1986
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21016444
City
Long Beach
County
Los Angeles
Time on Site
1245 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Leased Units: 9
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,870
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,250
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,895
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,700
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,400
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,870
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,870
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,325
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,345
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $174,300
  • Net Operating Income: $135,070
  • Gross Operating Income: --
  • Laundry Income: $480
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $39,710
  • Electric: $1,392
  • Trash: $2,520
  • Insurance: $2,116
  • Water/Sewer: $2,640
  • Other Expenses: $1,680

Property Details for 1061 Dawson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Community, Individual Room
Interior Features
  • Security Features: Gated Community, Security Lights, Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 9
  • Parcel Number: 7262007032
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Dawson, north of 10th St.
View more facts & features

Local Long Beach Agent

Sale History for 1061 Dawson Ave

Last sold for $2,400,000 on April 27th, 2021

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: SB21018118

    $2,400,000

    Price

  • Feb 8, 2021

    Date

    Pending

    CRMLS: SB21018118

    $2,349,000

    Price

  • Feb 2, 2021

    Date

    Active

    CRMLS: SB21018118

    $2,349,000

    Price

  • Feb 1, 2021

    Date

    Hold

    CRMLS: SB21018118

    $2,349,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: SB21018118

    $2,349,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: SB21016444

    $2,400,000

    Price

  • Feb 8, 2021

    Date

    Pending

    CRMLS: SB21016444

    $2,349,000

    Price

  • Feb 2, 2021

    Date

    Active

    CRMLS: SB21016444

    $2,349,000

    Price

  • Feb 1, 2021

    Date

    Hold

    CRMLS: SB21016444

    $2,349,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: SB21016444

    $2,349,000

    Price

  • July, 2014

  • Jul 3, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,510,015

    Price

  • July, 2012

  • Jul 13, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

Show More

Tax History for 1061 Dawson Ave

Assessed Value (2020): $1,665,693
Year Land Value Improved Value Assessed Value
2020 $879,150 $786,543 $1,665,693

Home Value Compared to the Market

This property vs the competition

1061 Dawson Ave sold on April 27, 2021 for 163.34% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $345.19 per/sqft which puts the price per square foot 47.62% lower than the current median sale per square foot for the city of Long Beach.

About 1061 Dawson Ave

Detailed summary of property

1061 Dawson Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 17 bedrooms, 17 bathrooms, roughly 6,805 living square feet, and sits on an approximately 6,280 square foot lot. 1061 Dawson Ave was first listed on ArdentRealEstateGroup.com on February 2, 2021. The homeowner sold the property for $2,400,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 163.34% higher than the current median priced home. Local homes that are currently for sale include 12881 Main St, 5975 S Broadway and 2107 W Manchester Ave. While the average home in Long Beach, CA is selling in 52 days, 1061 Dawson Ave has a days on market of 11 days. There are currently 711 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 292 of them are condos and 22 are townhomes. For more information on this home for sale at 1061 Dawson Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1061 Dawson Ave

Public county record property details
Beds
17
Baths
17
Year built
1986
Sq. Ft.
6,805
Lot Size
6,279
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7262-007-032

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$528,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$624
Total Inventory
48
Median Sale to List Price %
99.23%
Avg Days on Market
25
Loan Type
Conventional (53.85%), FHA (7.69%), VA (0%), Cash (15.38%), Other (15.38%)

Thinking of Selling?

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Homes for Sale Near 1061 Dawson Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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