Link Copied
Listed price in listed location currency (USD).
$2,045,000

008

MLS® OC25058726

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage No
HOA Fees $4,662
Taxes 
Days Active 295
Approx. Age 1972
MLS® Number OC25058726

Property Address: 1144 Stanley Ave, Long Beach, CA, 90814

Average square foot calculated using Size range provided by listing agent.

Description

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 strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
MLS® NumberOC25058726
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Gas Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1972
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2025List Date
$2,045,000List Price
  • Commute

Commute

Starting Address
Destination Address
1144 Stanley Ave, Long Beach, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties