1144 Stanley Avenue

Long Beach, CA 90804
$2,045,000
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%, withRead MoreRead Less
Property listed by Real Broker, Nhi Phan 714-823-1972
Listing Snapshot
Days Online
119
Last Updated
Property Type
Townhouse
Lot Size
0.15 Acres
Year Built
1972
MLS Number
OC25058726
Property Location Map
Additional Details
Appliances & Equipment
GasRange, RangeHood
Building
Built in 1972, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
Ductless
Expenses
Insurance: $4,000, Maintenance: $4,662, Operating: $43,690
Fireplaces
None
Floors
Vinyl
Heating
Ductless
Income
Gross Income: $155,400, Gross ScheduledIncome: $155,400, Net Operating Income: $111,710
Interior Features
QuartzCounters, RecessedLighting, AllBedroomsUp
Laundry
WasherHookup, GasDryerHookup
Lot
0.1519 acres
Parking
8 open parking spaces, 8 total parking spaces, Uncovered
Pool
None
Property
UpdatedRemodeled, Neighborhood
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7260029018, Lot: 16
Tenant Pays
Electricity, Gas, Water
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Keith Richardson
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.