Homes for sale - 1341 Stanley Ave, Long Beach, CA 90804

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Robert Sillman • Lyon Stahl Investment Real Estate, Inc.

$1,297,000

Est. payment - /mo

6,431 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26001452

Year Built 1959

Lot Size 6,431 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

1341 Stanley Avenue presents an exceptional opportunity to acquire a well-maintained four-unit property in the heart of Long Beach. The building encompasses approximately 2,456 square feet on a 6,431-square-foot lot and features (2) 2-bedroom/1-bath units and (2) 1-bedroom/1-bath units, all occupied by reliable tenants with a history of on-time rent payments. The property has benefited from over $70,000 in recent upgrades, including new warrantied roofs on all structures (2024), a newly redone deck with stucco and waterproofing, and replaced some underground piping. Select units feature upgraded interiors, new high-end Bradford White water heaters, and new windows. Additional highlights include four private covered garages, on-site laundry, and separately metered utilities for gas and electricity. This desirable investment offers strong in-place income and is eligible for 30-year residential financing. With no local rent control and subject to AB 1482, annual rent increases of 5% + CPI (currently 8%) are permitted, making it an excellent opportunity for investors seeking a stable asset in a prime Long Beach location.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Heating Other

Cooling Other

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 7260023009

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1341 Stanley Ave Long Beach, CA 90804

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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