1144 Stanley Avenue, Long Beach, CA 90804 - MLS#OC25058726

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,045,000

Est. payment | -/mo

12 Beds

8 Baths

Save

$ 2,045,000

Est. payment | -/mo

Save

12 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25058726

Bedrooms 12

Property Sub-Type Res Income 2-4 Units

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 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction East Anaheim St / Cherry Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7260029018

Listed by Nhi Phan Real Broker

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1144 Stanley Avenue Long Beach, CA 90804