1036-1040 Dawson Avenue
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1036-40 Dawson Avenue is a 14-unit apartment building in highly desirable Eastside Long Beach. The property features a desirable mix of one and two bedroom units and ample parking with eight garages and eight tandem spaces. The asset is separately metered for gas and electric.
Immediate rental upside is available by bringing Section 8 tenants up to the maximum allowable rents as determined by the Long Beach Housing Department. There is approximately ± 20% rental upside potential and the ability to achieve extra upside by renting out the remaining garage/spaces for additional income.
- Desirable mix of one and two-bedroom units
- Immediate rental upside by bringing Section 8 tenants to the maximum allowable rents determined by the Long Beach Housing Department
- Approximately +/-20% rental upside
- Ability to achieve extra upside with garage space income