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

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Nicole Hazelton

Hunter & Maddox Real Estate

[email protected] +1(619) 206-1892

$2,095,000

Est. payment - /mo

12 Beds

8 Baths

6,617 Sqft Lot

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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

HOA Y/N No

Lot Size 6,617 Sqft

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.
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

Area Long Beach (90804)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $83

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,200

Listing Terms Cash, Conventional, Exchange

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Listed by Nhi Phan • Real Broker

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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1144 Stanley Avenue Long Beach, CA 90804

Nicole Hazelton

Key Details

Location

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