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Listed by Edward Kaminsky, DRE #00958114 • eXp Realty of California, Inc
$1,225,000
Est. payment /mo
6,431 Sqft Lot
Active
1341 Stanley AVE Long Beach, CA 90804
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26105231
Year Built 1959
Lot Size 6,431 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Four units. Strong rental income. Big-ticket upgrades already completed on this fully occupied 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. 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.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Other
Cooling Other
Laundry Laundry Area
Exterior
Parking Features Garage, Common Parking Area
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Other
Building
Story One Story
Water Hot Water, District - Public
Others
Tax ID 7260023009
Special Listing Condition Not Applicable
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