1144 Stanley Avenue, Long Beach, CA 90804

  • $2,095,000
1144 Stanley Avenue, Long Beach, CA 90804
Active Updated/Remodeled
1144 Stanley Avenue, Long Beach, CA 90804
1144 Stanley Avenue, Long Beach, CA 90804
  • $2,095,000

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 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.

  • Address 1144 Stanley Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90804
  • Country US

Details

Updated on April 18, 2025 at 8:20 pm
  • Property ID: OC25058726
  • Price: $2,095,000
  • Property Size: 4600 Square Feet
  • Land Area: 0.1519 Acres
  • Garage Size: x x
  • Year Built: 1972
  • Property Type: Residential Income, Townhouse
  • Property Status: Active

Contact Information

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  • Hoyt Hochman