$3,350,000
-$200,0005529 Dairy Avenue, Long Beach CA 90805
Multi-Family (10 Units)
Property type
59 days
On market
$581
Price per sqft
N/A
Garage
1964
Year built
5,433 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Armin Soleimani DRE #01846872 310-666-2246, Global Platinum Properties, Inc., Julio Ruiz DRE #01911261 818-524-0706, Global Platinum Properties, Inc.
Listing updated: May 19, 2026 at 01:17am.
Last checked: Jun 5, 2026 at 11:00am
Source: CRMLS #26679201
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,350 | $2,316 | $2,350 | Unfurnished |
| 1 | 2 | 1 | — | $2,950 | $2,940 | $2,950 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | $2,311 | $2,350 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | $2,311 | $2,350 | Unfurnished |
| 1 | 2 | 1 | — | $2,950 | $2,939 | $2,950 | Unfurnished |
| 1 | 2 | 1 | — | $2,950 | $2,939 | $2,950 | Unfurnished |
| 1 | 2 | 1 | — | $2,950 | $2,939 | $2,950 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | $1,999 | $2,350 | Unfurnished |
| 1 | 2 | 1 | — | $2,950 | $2,515 | $2,950 | Unfurnished |
| 1 | 1 | 1 | — | $2,350 | $2,484 | $2,350 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Refrigerator: 10
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
7%
NOI / List Price
Net Operating Income: $231,960
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: On Street
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 7126025019
Zoning: LBR1N
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 5529 Dairy Avenue, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,680,000
Total Interest
$3,418,192
Total Payment
$6,098,192
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,579
per month
Property History for 5529 Dairy Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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