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927 Daisy Ave, Long Beach, CA 90813
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927 Daisy Ave Long Beach, CA 90813

$3,800,000 Sold Price as of 10/24/2023
  • 32 Beds
  • 16 Baths
  • 13,641 Sq.Ft.
Sold
$3,800,000 Sold Price as of 10/24/2023 Refinance Your Mortgage
Map preview of 927 Daisy Ave, Long Beach, CA 90813

Property Overview: 927 Daisy Ave Long Beach, CA has 32 bedrooms, 16 bathrooms, 13,641 living square feet and 7,559 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 927 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.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Last checked: 10 minutes ago | Last updated: October 25th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
7,559
HOA Dues
$0/mo
Year built
1964
Garage
8 Car
Property Type:
Mixed Use
Status
Sold
MLS#
PW23149080
City
Long Beach
County
Los Angeles
Time on Site
280 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
  • # of Electric Meters: 16
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,784
  • Total Rent: $28,544
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.54%
  • Gross Rent Multiplier: 11.23
  • Gross Scheduled Income: $347,280
  • Net Operating Income: $216,223
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $120,639
  • Electric: $2,507
  • Gas/Fuel: $0
  • Licenses: $1,500
  • New Taxes: $49,010
  • Trash: $9,789
  • Gardener: $1,200
  • Insurance: $12,000
  • Maintenance: $11,200
  • Professional Management: $24,043
  • Water/Sewer: $3,590
  • Other Expenses: $4,800
  • Other Expense Description: Reserves

Property Details for 927 Daisy Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 7271021044
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Willmore District (WM)
  • Directions: Maine Ave & W 9th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 927 Daisy Ave

Last sold for $3,800,000 on October 24th, 2023

  • October, 2023

  • Oct 24, 2023

    Date

    Sold

    CRMLS: PW23149080

    $3,800,000

    Price

  • Aug 11, 2023

    Date

    Active

    CRMLS: PW23149080

    $3,900,000

    Price

  • May, 2017

  • May 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,325,000

    Price

  • March, 2015

  • Mar 3, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,475,000

    Price

Show More

Tax History for 927 Daisy Ave

Assessed Value (2020): $3,529,235
Year Land Value Improved Value Assessed Value
2020 $2,472,614 $1,056,621 $3,529,235

Home Value Compared to the Market

This property vs the competition

927 Daisy Ave sold on October 24, 2023 for 387.5% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $285.9 per/sqft which puts the price per square foot 54.76% lower than the current median sale per square foot for the city of Long Beach.

About 927 Daisy Ave

Detailed summary of property

927 Daisy Ave is a mixed use that recently sold in Long Beach, CA 90813. This mixed use property offered 32 bedrooms, 16 bathrooms, roughly 13,641 living square feet, and sits on an approximately 7,559 square foot lot. 927 Daisy Ave was first listed on ArdentRealEstateGroup.com on August 11, 2023. The homeowner sold the property for $3,800,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 387.5% higher than the current median priced home. Local homes that are currently for sale include 1440 S Barrington Ave, 1218 S Barrington Ave and 945 E Route 66. While the average home in Long Beach, CA is selling in 51 days, 927 Daisy Ave has a days on market of 7 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 927 Daisy Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 927 Daisy Ave

Public county record property details
Beds
--
Baths
16
Year built
1964
Sq. Ft.
13,641
Lot Size
7,558
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7271-021-044

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 927 Daisy Ave

740 Daisy Ave, Long Beach, CA 90813
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837 Chestnut Ave #4, Long Beach, CA 90813
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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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