1144 Stanley Avenue, Long Beach, CA

$2,045,000

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12

Beds

8

Baths

0.15

Acres

About 1144 Stanley Avenue

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 durabilitymaking this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Dont miss this rare, high-performing asset in the heart of Long Beach.

Features of 1144 Stanley Avenue

MLS® # OC25058726
Price $2,045,000
Bedrooms 12
Bathrooms 8.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1144 Stanley Avenue
Area LONG BEACH (90804)
City Long Beach
County Los Angeles
State CA
Zip Code 90804

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed April 16th, 2025
Days on Market 120
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map

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