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$900,000

For Sale

18 hours ago

1636 N Stanton, Long Beach, CA

House

MLS® PW26179995

0 Bed

0 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.0978 Acres
Approx. Age 1912
MLS® Number PW26179995

Property Address: 1636 N Stanton, Long Beach, CA, 90804

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

Description

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.
MLS® NumberPW26179995
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
1636 N Stanton, Long Beach, CA

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