5529 Dairy AV
Long Beach, CA, 90805
$3,795,000
15 Beds
10 Baths
5,765 SqFt
0.12 Acres
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Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 6% 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).

Property Details

Price:
$3,795,000
MLS #:
25625923
Status:
Active
Beds:
15
Baths:
10
Type:
Single Family
Neighborhood:
7northlongbeach
Listed Date:
Dec 4, 2025
Finished Sq Ft:
5,765
Total Sq Ft:
5,765
Lot Size:
5,433 sqft / 0.12 acres (approx)
Year Built:
1964
7 – North Long Beach7northlongbeach

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Schools

Interior

Appliances
RF
Heating
WL

Exterior

Financial

Gross Operating Income
$296,885
Net Operating Income
$227,786

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of Dec 11, 2025
427
Single Family Listed
50
Avg DOM
470
Avg $ / SqFt
$1,050,184
Avg List Price

Property Summary

    5529 Dairy AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90805. It is listed for $3,795,000 and features 15 beds, 10 baths, and has approximately 5,765 square feet of living space, and was originally constructed in 1964. The current price per square foot is $658. The average price per square foot for Single Family listings in Long Beach is $470. The average listing price for Single Family in Long Beach is $1,050,184.

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5529 Dairy AV
Long Beach, CA