5529 Dairy Long Beach, CA $ 3,395,000
5529 Dairy
$ 3,395,000
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5529 Dairy

Long Beach, CA, 90805
$ 3,395,000
Baths1.0 Sq 5,765

Monthly Estimate*

$ 21,436

Listed by Sage Real Estate Group, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $3,395,000 with 1 full bath. This 5,765 square foot home was built in 1964 on a lot size of 0.1247.

Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.

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Multi-Family Active

Price

$ 3,395,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1247

Year Built

1964

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26176341

Days on Market

13

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Flat
Appliances Gas Oven Gas Range Microwave Refrigerator
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Year Built 1964
Electric Electricity - On Property
Tenant Pays Electricity Gas
View None
Property Subtype Mixed Use
Gross Income 308316
Community Features Curbs Street Lights
County Los Angeles
Net Operating Income 237496
Operating Expense 65779
Insurance Expense 5537
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5000
Subdivision Name North Long Beach (NLB)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On Dairy Ave. between 55th St. and E. Ellis St.
City Long Beach
Disclosures Accessory Dwelling Unit
Entry Location 1 2
Senior Community Y/N false
Number Of Units Total 10
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 5433
Listing Terms Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Walk Score 75
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 32
Property Sub Type Additional Mixed Use
Taxes 40200
Cap Rate 7
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Interior
Interior Amenities Ceiling Fan(s) Recessed Lighting Unfurnished
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing None
Parking Features None
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 5433
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 5765
Lot Size Acres 0.1247
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
Road Frontage Type City Street
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* Excluded Features
List By
Sage Real Estate Group, Inc.

Broker

juan@sageregroup.com

Email

Affordability Calculator

$21,436
Per Month
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Monthly Principal & Interest
$21,436
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$3,395,000 Listed Price

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5529 Dairy, Long Beach, CA, 90805 is a Multi-Family Home for sale at $3,395,000 with 5,765 sqft and a lot size of 0.1247. 5529 Dairy is a studio with 1.0 baths and was built in 1964. The property's zip code is 90805 which is in Long Beach, CA