$1,895,000
About this home
Huge Price Improvement! Prime Downtown Long Beach 7-Unit Multifamily | 528 Daisy Avenue is a well-maintained 7-unit multifamily property located in the heart of Downtown Long Beach with a Walk Score of 89. The asset benefits from strong tenant demand due to proximity to the Civic Center, dining, retail, and major transit corridors. The property features a highly desirable unit mix, primarily spacious 1-bedroom units, complemented by 2-bedroom units, a studio, and a newly added 3-bedroom unit, enhancing both income and long-term appeal. Several units have been tastefully updated, offering a low-maintenance, turnkey investment with minimal near-term capital needs. Offered at an attractive 6% cap rate and 11.7 GRM, 528 Daisy Avenue provides in-place cash flow with upside through continued rent optimization. A rare opportunity to acquire a stabilized asset in one of Long Beach's most walkable and in-demand rental submarkets.
Facts & features
- Bedrooms
- 9
- Bathrooms
- 0 full, 0 half
- Living area
- 4,144 sq ft
- Heating
- None
- Cooling
- None
- Levels
- Two
- Lot size
- 0.172 acres (7,474 sq ft)
- Year built
- 1910
- Parking
- Driveway
- Area
- 4 - Downtown Area, Alamitos Beach
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 152
- Listed
- 2026-01-29
- Original price
- $2,095,000
- Parcel #
- 7278021034
- MLS #
- 26645267
