1144 Stanley Avenue, Long Beach, CA 90804
Local realty services provided by:ERA Donahoe Realty
1144 Stanley Avenue,Long Beach, CA 90804
$2,045,000
- 12 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nhi phan
Office: real broker
MLS#:OC25058726
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,045,000
About this home
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....
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Home facts
- Listing ID #:OC25058726
- Added:332 day(s) ago
- Updated:March 15, 2026 at 01:51 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,045,000
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