Long Beach, CA 90804,1144 Stanley AVE
Long Beach, CA 90804,1144 Stanley AVE
Long Beach, CA 90804,1144 Stanley AVE
Long Beach, CA 90804,1144 Stanley AVE
Long Beach, CA 90804,1144 Stanley AVE
Long Beach, CA 90804,1144 Stanley AVE
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$ 2,095,000
Est. payment | /mo

6,616 Sqft Lot


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$ 2,095,000
Est. payment | /mo
Save

6,616 Sqft Lot

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25058726

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1972

Lot Size 6,616 Sqft

Property Sub-Type Townhouse

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Interior Features Quartz Counters, Recessed Lighting, All Bedrooms Up

Heating Ductless

Cooling Ductless

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Range, Range Hood

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Uncovered

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7260029018

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Nhi Phan • Real Broker
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1144 Stanley AVE