1144 Stanley Avenue, Long Beach, CA 90804

Long Beach
Local realty services provided by:ERA Excel Realty
1144 Stanley Avenue,Long Beach, CA 90804
$2,045,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nhi phan
Office: real broker
MLS#:OC25058726
Source:CAREIL

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 durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and...

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Home facts

  • Year built:1972
  • Listing ID #:OC25058726
  • Added:308 day(s) ago
  • Updated:April 16, 2026 at 04:26 PM

Structure and exterior

  • Year built:1972
  • Lot area:0.15 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,045,000

Features and amenities

  • Laundry features:Gas Hook-up

Parking

  • Parking description:Uncovered Parking
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