1124 Dawson Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 6,537 sqft lot
- 1958 build
- – on site
This beautifully remodeled 4-unit property in the heart of Zaferia presents an incredible investment opportunity with strong rental income potential. Spanning 3,940 square feet on a 6,537-square-foot lot, this spacious building consists of two 3-bedroom, 2-bathroom units, one 2-bedroom, 1-bathroom unit, and one 1-1, one-bathroom unit. With proforma rents of $3,650 and $3,150 for the three-bedroom units, $2,550 for the two-bedroom unit, and $2,150 for the one-bedroom unit, this property offers a projected monthly rental income $11,400 ($137,400 annually), making it a true cash cow for investors. The property includes 3 garages and 2 uncovered parking spaces, ensuring ample parking for tenants. Recent renovations have enhanced the interiors, offering modern finishes and attractive living spaces that are highly desirable in today’s rental market. Located in the vibrant Zaferia neighborhood of Long Beach, this property is surrounded by a mix of historic charm and modern conveniences. Originally established as a streetcar suburb, Zaferia has evolved into a dynamic district known for its eclectic dining, boutique shopping, and thriving local businesses. Just minutes away, tenants can enjoy popular spots like The Bamboo Club, a beloved tiki bar and restaurant, and Los Compadres, known for its authentic Mexican cuisine. Nearby coffee shops such as Commodity and Black Dog Coffee Roasters provide great local hangouts, while retail options like Lazy Acres Natural Market and LBX Exchange offer convenient shopping experiences. The neighborhood is also adjacent to Rose Park and just a short drive from Cal State Long Beach, Retro Row, and Belmont Shore, making it an attractive location for a wide range of tenants.
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Last updated Apr 18, 2025
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MLS# PW25073637 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1958
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3940.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Laundry:Inside
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Laundry:1
Location
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Directions:10th and Junipero: Head East, North (R) on Dawson.
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Latitude:33.78134400
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Longitude:-118.16515300
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LBR2N
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Lot Features:Landscaped
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Lot Size Area:6537.0000
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Lot Size Acres:0.1501
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Lot Size SqFt:6537.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5769.01
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Tax Tract:3
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Tax Lot:9
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7260032009
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Showings Begin:2025-04-18
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range, Refrigerator
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Included:Yes
The Community
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Neighborhood:Zaferia
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:5.00
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Garage Spaces:3.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/18/25
Apr 18, 2025
|
Listed / Active | CRMLS_CA | $1,649,000 |