1636 N Stanton, Long Beach, CA 90804
Local realty services provided by:ERA North Orange County Real Estate
1636 N Stanton,Long Beach, CA 90804
$900,000
- - Beds
- - Baths
- 2,392 sq. ft.
- Multi-family
- Pending
Listed by: robert stepp
Office: keller williams realty downey562-334-1500
MLS#:PW26179995
Source:CRMLS
Price summary
- Price:$900,000
- Price per sq. ft.:$376.25
About this home
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and
a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow....
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Home facts
- Year built:1912
- Subdivision & Development:Eastside (ES)
- Listing ID #:PW26179995
- Added:47 day(s) ago
- Updated:October 04, 2026 at 08:13 AM
Rooms and interior
- Living area:2,392 sq. ft.
Structure and exterior
- Year built:1912
- Building area:2,392 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$376.25
Parking
- Total parking spaces:3
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