1341 Stanley Avenue, Long Beach, CA 90804

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List Price
$1,199,000
Status
ACTIVE
MLS#
SB-26217739
Year Built
1959
Living Sq. Ft
2,456
Lot Size
6,431
Days on Market
25
Property Type
Multifamily
Style
Victorian
Stories
2

Property Description

Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach.  The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity.  There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.

Additional Information

Land Lease Type
Fee
Appliances
Water Heater
Fireplace Description
None
View
None
Parking
Garage, On Site
Garage Spaces Total
4

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Listing courtesy of eXp Realty of California, Inc.