- 12 Beds
- 8 Baths
- .15 Acres
- 82 DOM
1144 Stanley Avenue
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 durabilitymaking this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Dont miss this rare, high-performing asset in the heart of Long Beach.
Essential Information
- MLS® #OC25058726
- Price$2,045,000
- Bedrooms12
- Bathrooms8.00
- Acres0.15
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address1144 Stanley Avenue
- AreaLONG BEACH (90804)
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90804
Amenities
- PoolN/K
Interior
- FireplaceYes
- Stories2 Story
Exterior
- Lot DescriptionSidewalks
Additional Information
- Date ListedApril 16th, 2025
- Days on Market82
- ZoningAssessor
Listing Details
- OfficeReal Broker
Real Broker.
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Listing information last updated on July 20th, 2025 at 6:46pm PDT.