938 Stanley Avenue, Long Beach, CA 90804

Local realty services provided by:ERA Donahoe Realty
#1#2#3
938 Stanley Avenue,Long Beach, CA 90804
$2,150,000
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:keaton quaack
Office:lyon stahl investment real estate, inc.
MLS#:SB25092114
Source:SANDICOR

Price summary

  • Price:$2,150,000

About this home

We are pleased to exclusively offer for sale this 9 Unit Multi-Family investment located in the vibrant 90804 submarket of Long Beach. This 5,201 SF lot is centrally positioned in Long Beach and offers tenants convenient access to the entirety of the city as well as the confluence of both Los Angeles and Orange County freeway systems. In addition to the buildings excellent location, it has an outstanding unit mix consisting of (2) 2 Bed/2 Bath Units, (2) 2 Bed/1 Bath units, and (5) 1 Bed/1 Bath units. Further, the front house has a new roof and many of the major electric and plumbing systems have been upgraded. This kind of meticulous management is indicative of a well-run operation providing a smooth, headache free investment. As it stands, the offering presents strong day one income with a current CAP Rate of 6.75% as well as a GRM of 9.91 and future upside with a pro forma CAP Rate of 8.00% and GRM of 9.91. Along these lines, the property features onsite washer and dryer hookups

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Home facts

  • Listing Id #:SB25092114
  • Added:114 day(s) ago
  • Updated:August 21, 2025 at 01:52 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5

Heating and cooling

  • Cooling:Central Forced Air, Wall/Window

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,150,000
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