$ 2,045,000
-
$2,045,000
Price -
12
Bed -
8
Bath -
4,600
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing H07357 - OCPHANNHIT
An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%. All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances. The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management. Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
Listing Highlights for 1144 Stanley Ave
Status
Active
Days on Site
142
Property Type
Multi-Family
MLS ®
OC25058726
Year Built
1972
Total Square Footage
4,600
Lot/Acreage
0.15
County
Los Angeles
Area
699 - Not Defined
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances: Gas Range, Range Hood
- Air Cond: Ductless
- Heating: Ductless
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Quartz Counters,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: Lot 6500-9999,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7260029018
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1144 Stanley Ave Long Beach, CA 90804
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
