1335 Stanley Ave Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,810 sqft
Price per Sqft $300
MLS Listing ID 25-484309
Bedrooms 18
Year Built 1963
Lot Size 6,423 Sqft
Acres 0.1474
Property Sub-Type Multi-Family
Property Description
PRICED TO SELL. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. 10.6 GRM AND 6.3% CAP on in place rents, with upside to a 7.4% CAP. And only $301/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.
Location
State CA
County Los Angeles
Area Eastside, Circle Area
Zoning LBR2N
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features Assigned
Garage Spaces 4.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard