1208 Daisy Ave, Long Beach, CA, 90813
About This Home
PRICED TO SELL - 9.4 GRM AND 6.8% CAP. EARN OVER A 10% CASH ON CASH RETURN against in place rents. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games. Excellent lender financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1923
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 12
Heating & Cooling
- Heating features: Wall
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 5,036
- Total interior livable area: 5,036 sqft
Property
Details
- Parcel number: 7272003006
- Zoning: LBPD10
- Special condition: Standard
- Other equipment: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,422 sqft
- Lot size dimensions: 50 x 150
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,310 | $123,720 |
| Home Insurance * | $396 | $4,752 |
| Property Taxes | $1,138 | $13,656 |
| Electricity | $1,079 | $12,958 |
| Total | $12,923 | $155,076 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $2,015,000 |
| 2026-08-03 | Price change | $2,039,000 |
| 2026-07-14 | Listed for sale | $2,049,000 |
| 2019-04-05 | Sold | $1,585,000 |
| 2019-02-21 | Pending sale | $1,575,000 |
| 2019-02-20 | Listed for sale | $1,575,000 |
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