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1144 Stanley Avenue, Long Beach, CA 90804

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For Sale

$2,045,000

12 beds8 baths4,600 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $444.57
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# OC25058726

Courtesy Of Smart Real Estate Solutions

(619) 248-6434

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Range - Gas
  • Architecture Style
    Other
  • Floor Covering
    Vinyl

Home seller CENTURY 21 Union Realty Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Union Realty Co.

(310) 371-6330
Learn More About Us

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