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3108008221
Real Estate Company
1341 Stanley Avenue, Long Beach, CA 90804
- $1,199,000
- List Price
- $1,199,000
- Status
- ACTIVE
- MLS#
- SB26217739
- Year Built
- 1959
- Lot Size
- 6,431
- Acres
- 0.15
- Lot Location
- Front Yard, Lawn
- Days on Market
- 7
- Property Type
- Multifamily
- Style
- Victorian
- Property Sub Type
- Quadruplex
- Stories
- One Level
- Neighborhood
- Eastside (Es)
Property Description
Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach. The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity. There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.
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Additional Information
- Appliances
- Water Heater
- Pool Description
- None
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- See Remarks
- View
- None
- Roof
- Composition
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $92,640
- Operating Expense
- 24473
Listing courtesy of Listing Agent: Edward Kaminsky (EK@ITZSOLD.COM) from Listing Office: eXp Realty of California, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.