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931 Dawson Ave, Long Beach, CA 90804
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931 Dawson Ave Long Beach, CA 90804

$2,000,000 Sold Price as of 12/14/2021
  • 8 Beds
  • 8 Baths
  • 4,794 Sq.Ft.
Sold
$2,000,000 Sold Price as of 12/14/2021 Refinance Your Mortgage
Map preview of 931 Dawson Ave, Long Beach, CA 90804

Property Overview: 931 Dawson Ave Long Beach, CA has 8 bedrooms, 8 bathrooms, 4,794 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well priced Balcony Style Building in a strong rental area. Most units are rented substantially under current market rents. All eight units are one bedroom/one bath units. All tenancies are month-to-month. Building has been recently repainted with new roof in 2018. 14.4 GRM on Actual rents and 12.6 GRM on Market rents.

Listed by W. Kurt Wood | BRE #00452182 | Belmont Brokerage & Mgmt. INC.
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1946
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
PW21231717
City
Long Beach
County
Los Angeles
Time on Site
930 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,239
  • Total Rent: $1,239
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,420
  • Total Rent: $1,420
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,221
  • Total Rent: $1,221
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,221
  • Total Rent: $1,221
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,598
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,598
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.4
  • Gross Scheduled Income: $137,532
  • Net Operating Income: $75,643
  • Gross Operating Income: --
  • # of Rented Garages: 2
  • Garage Rental Rate: $100
  • Garage Rental Income: $200
  • Laundry Income: $10
  • Laundry Own/Lease: Lease
  • Other Income 1: $160
  • Other Income Description: Storage + 1 garage for storage
Annual Expense Breakdown
  • Total Operating Expense: $61,889
  • Trash: $1
  • Insurance: $1
  • Professional Management: $1
  • Water/Sewer: $1

Property Details for 931 Dawson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 7262010003
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: SOUTH OF 10TH STREET, WEST OF RAYMOND AVE.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 931 Dawson Ave

Last sold for $2,000,000 on December 14th, 2021

  • December, 2021

  • Dec 14, 2021

    Date

    Sold

    CRMLS: PW21231717

    $2,000,000

    Price

  • Oct 23, 2021

    Date

    Active

    CRMLS: PW21231717

    $1,991,000

    Price

  • February, 2000

  • Feb 17, 2000

    Date

    Sold (Public Records)

    Public Records

    $243,002

    Price

Show More

Tax History for 931 Dawson Ave

Assessed Value (2020): $341,486
Year Land Value Improved Value Assessed Value
2020 $85,014 $256,472 $341,486

Home Value Compared to the Market

This property vs the competition

931 Dawson Ave sold on December 14, 2021 for 148.88% 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 $415.31 per/sqft which puts the price per square foot 34.29% lower than the current median sale per square foot for the city of Long Beach.

About 931 Dawson Ave

Detailed summary of property

931 Dawson Ave is a apartment that recently sold in Long Beach, CA 90804. This apartment offered 8 bedrooms, 8 bathrooms, roughly 4,794 living square feet, and sits on an approximately 6,501 square foot lot. 931 Dawson Ave was first listed on ArdentRealEstateGroup.com on October 23, 2021. The homeowner sold the property for $2,000,000. 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 148.88% higher than the current median priced home. Local homes that are currently for sale include 1717 Temple Ave, 720 Coronado Ave and 1141 E 16th St. While the average home in Long Beach, CA is selling in 51 days, 931 Dawson Ave has a days on market of 5 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 931 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 931 Dawson Ave

Public county record property details
Beds
8
Baths
8
Year built
1946
Sq. Ft.
4,794
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7262-010-003

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
$509,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

Thinking of Selling?

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

Homes for Sale Near 931 Dawson Ave

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Recently Sold Homes Near 931 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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