About 5529 Dairy
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.
Features of 5529 Dairy
| MLS® # | PW26176341 |
|---|---|
| Price | $3,395,000 |
| Bedrooms | 10 |
| Bathrooms | 7.00 |
| Acres | 0.12 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 5529 Dairy |
|---|---|
| Area | 7 - North Long Beach |
| Subdivision | North Long Beach (NLB) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90805 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | None |
| Garages | None |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Ceiling Fan(s), Recessed Lighting, Unfurnished |
|---|---|
| Appliances | Gas Oven, Gas Range, Microwave, Refrigerator |
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|---|
| Roof | Flat |
| Foundation | Slab |
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 23 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Juan Huizar |
|---|---|
| Office | Sage Real Estate Group, Inc. |