1015 Dawson Avenue, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 0 bath
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Long Beach, California 90804
This High-Potential Investment Opportunity is a Quadruplex listed at $1,250,000—positioned well below the $1,259,752 Fair Market Value by 0.77%. This asset offers $9,752 in Instant Equity. With a Condition Rating of 5, the property requires a full rehab, yet features a Diverse Unit Mix and Four Oversized Garages that provide significant rental upside. Located near Top-Rated Schools like Fremont Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 Dawson Avenue Subject | $1,250,000* List Price | 0 | 0 | 3,744 | $336 | - |
A 844 Loma Sold | $960,000 | 0 | 0 | 3,048 | $315 | 0.9 mi |
B 1425 Park Sold | $1,100,000 | 6 | 4 | 2,680 | $410 | 0.9 mi |
C 1120 Raymond Avenue Active | $1,299,000 List Price | 0 | 0 | 3,720 | $349 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this 100+ year old property is explicitly marketed as a 'value-add' opportunity and sold 'as-is.' The age and description suggest that the kitchens, bathrooms, and core systems are likely well beyond their functional lifespan and require a full rehab to reach modern standards.
Elementary School: Fremont Elementary School (9/10).
The property features a rare combination of two 1-bedroom units with bonus rooms and two large 3-bedroom, 2-bathroom units, catering to a wide range of tenant profiles and maximizing rental appeal.
With four oversized garages, this quadruplex addresses the common Long Beach challenge of limited street parking, providing a premium amenity that increases tenant retention and property value.
The property is being sold in its current condition, which likely necessitates immediate capital expenditure for repairs or upgrades to address its 1920s-era infrastructure.
Built in 1920, the building may present challenges related to aging systems, such as plumbing or electrical, which can lead to higher ongoing maintenance costs compared to newer builds.
Rare investment opportunity featuring four units on one lot. The front building consists of two 1-bedroom, 1-bathroom units, each with a spacious bonus room. The rear building offers two large 3-bedroom, 2-bathroom units situated above four oversized garages, providing an attractive layout with added privacy for tenants. High income potential. This value-add opportunity offers significant upside potential, making it ideal for investors seeking to increase future income and long-term value. Property is being sold as-is.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,744 | 2,100 |
| Lot Size | 6,515 | 5,077.5 |
| Price | $1.25M | $1.14M |
| Price per sq ft | $334 | $519 |
| Built year | 1920 | 1950 |
| HOA | $0 | $0 |
| Days on market | 20 | 68 |
Jul 2, 2026
$1,250,000
Initial Listing
Dec 21, 2010
$226,000
Public Record
Apr 4, 2000
$215,000
Public Record
Sep 13, 1995
$263,500
Public Record
Mar 17, 1995
$76,500
Public Record