5529 Dairy Avenue, Long Beach, CA 90805
Local realty services provided by:ERA North Orange County Real Estate
5529 Dairy Avenue,Long Beach, CA 90805
$3,350,000
- 15 Beds
- 10 Baths
- 5,765 sq. ft.
- Multi-family
- Active
Listed by: julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26854797
Source:CRMLS
Price summary
- Price:$3,350,000
- Price per sq. ft.:$581.09
About this home
Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Located in prime North Long Beach just minutes from the beach, offering investors the opportunity to acquire a low-maintenance asset in a coastal rental market without premium coastal pricing! Majority of the units are master-leased by a single organization providing guaranteed cash flow and minimal vacancies. (Similar to a hassle-free NNN deal with stable income and more limited landlord responsibilities with ease of management and rent collection)....
Contact an agent
Home facts
- Year built:1964
- Listing ID #:26854797
- Added:1 day(s) ago
- Updated:July 02, 2026 at 03:46 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:10
- Kitchen Description:Refrigerator
- Living area:5,765 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1964
- Building area:5,765 sq. ft.
- Lot area:0.12 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,350,000
- Price per sq. ft.:$581.09
Features and amenities
- Appliances:Refrigerator
Parking
- Parking description:On Street
New listings near 5529 Dairy Avenue
- New
$255,000Active-- beds 1 baths369 sq. ft.455 Ocean Blvd #515, Long Beach, CA 90802
MLS# OC26142913Listed by: THINK BOUTIQ REAL ESTATE - New
$1,250,000Active3 beds 3 baths1,760 sq. ft.400 Ocean Boulevard #1403, Long Beach, CA 90802
MLS# PW26142071Listed by: DUNFEE REAL ESTATE SERVICES - New
$440,000Active1 beds 1 baths775 sq. ft.444 Obispo #301, Long Beach, CA 90814
MLS# PW26141203Listed by: FIRST TEAM REAL ESTATE - New
$1,249,000Active4 beds 2 baths1,399 sq. ft.1842 Stevely Avenue, Long Beach, CA 90815
MLS# PW26142886Listed by: THE RECOLLECTIVE - New
$2,998,000Active20 beds -- baths1561 W Pacific Coast Highway, Long Beach, CA 90810
MLS# PW26142888Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$639,000Coming Soon1 beds 1 baths3819 East Livingston Drive #9, Long Beach, CA 90803
MLS# PW26141074Listed by: FIRST TEAM REAL ESTATE - New
$440,000Active1 beds 1 baths775 sq. ft.444 Obispo #301, Long Beach, CA 90814
MLS# PW26141203Listed by: FIRST TEAM REAL ESTATE - New
$315,000Active1 beds 1 baths597 sq. ft.5585 E Pacific Coast Highway #214, Long Beach, CA 90804
MLS# RS26138826Listed by: COLLEGE PARK REALTY, INC - New
$315,000Active1 beds 1 baths597 sq. ft.5585 Pacific Coast Highway #214, Long Beach, CA 90804
MLS# RS26138826Listed by: COLLEGE PARK REALTY, INC