Description

1058 Dawson Avenue presents a rare 2 unit, multifamily opportunity in the Eastside Long Beach neighborhood. The property features an attractive two (2) spacious three-bedroom, two-bath units—each offering approximately 1,100 square feet of living space. This offering appeals to both investors and owner-occupants seeking larger units in a strong rental market. One unit is occupied by long-term tenants on HACLB Section 8 vouchers, providing guaranteed, on-time rent payments and reliable cash flow. Offered below replacement cost, this is one of the most compelling 2-unit investment opportunities currently available in the city. Situated on a 6,497 SF lot, the property features over 2100 SF of rentable space and includes 2 single car garages plus 4 additional uncovered parking spaces—providing each unit with 3 dedicated spots, a rare amenity for comparable properties. Both units are separately metered for gas and electricity, have individual water heaters, and the layout is well-suited for implementing RUBS or utility bill-backs to further reduce landlord expenses.