5529 Dairy Ave Long Beach, CA 90805
Dairy NeighborhoodEstimated payment $19,892/month
Highlights
- Recessed Lighting
- Ceiling Fan
- 2-minute walk to Burton W. Chace Park
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).
Listing Agent
Global Platinum Properties, Inc. License #01846872 Listed on: 04/07/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Parking
- On-Street Parking
Interior Spaces
- 5,765 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Oven or Range
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Additional Features
- 5,433 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 7126-025-019
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,979 | $1,599,189 | $432,972 | $1,166,217 |
| 2024 | $20,998 | $1,567,833 | $424,483 | $1,143,350 |
| 2023 | $27,558 | $2,093,400 | $306,000 | $1,787,400 |
| 2022 | $17,775 | $1,377,000 | $408,000 | $969,000 |
| 2021 | $17,400 | $1,350,000 | $400,000 | $950,000 |
| 2020 | $13,413 | $1,016,916 | $219,787 | $797,129 |
| 2019 | $13,256 | $996,985 | $215,478 | $781,507 |
| 2018 | $12,879 | $977,445 | $211,253 | $766,192 |
| 2016 | $11,843 | $939,106 | $203,050 | $736,056 |
| 2015 | $11,378 | $925,000 | $200,000 | $725,000 |
| 2014 | $7,865 | $602,723 | $175,794 | $426,929 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | Price Changed | $3,350,000 | -5.6% | $581 / Sq Ft | |
| 04/07/2026 04/07/26 | For Sale | $3,550,000 | +163.0% | $616 / Sq Ft | |
| 10/07/2020 10/07/20 | For Sale | $1,350,000 | +90.1% | $277 / Sq Ft | |
| 09/17/2020 09/17/20 | Sold | $710,000 | -- | $146 / Sq Ft | View Prior Sale |
| 05/17/2020 05/17/20 | Pending | -- | -- | -- |
Source: The MLS
MLS Number: 26679201
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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