1341 Stanley Ave Long Beach, CA 90804
6,429 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26001452
HOA Y/N No
Year Built 1959
Lot Size 6,429 Sqft
Property Sub-Type Quadruplex
Property Description
The property has benefited from over $70,000 in recent upgrades, including new warrantied roofs on all structures (2024), a newly redone deck with stucco and waterproofing, and replaced some underground piping. Select units feature upgraded interiors, new high-end Bradford White water heaters, and new windows. Additional highlights include four private covered garages, on-site laundry, and separately metered utilities for gas and electricity.
This desirable investment offers strong in-place income and is eligible for 30-year residential financing. With no local rent control and subject to AB 1482, annual rent increases of 5% + CPI (currently 8%) are permitted, making it an excellent opportunity for investors seeking a stable asset in a prime Long Beach location.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating See Remarks
Cooling See Remarks
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Golf, Park
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7260023009
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
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Lowell Bayside Academy
Public | KG - 5
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Naples Bayside Academy
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Los Cerritos Elementary School
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Fremont Elementary School
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Carver Elementary School
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Gant Elementary School
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Signal Hill Elementary School
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Alvarado Elementary School
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Bixby Elementary School
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Chavez Elementary School
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Birney Elementary School
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Lafayette Elementary School
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Robert Louis Stevenson Elementary School
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Longfellow Elementary School
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Lincoln Elementary School
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Robinson K - 8 Academy
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Roosevelt Elementary School
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Mann Elementary School
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Bryant Elementary School
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Burcham Elementary School
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Intellectual Virtues Academy of Long Beach
Public | 6 - 8
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Rogers Middle School
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Stanford Middle School
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Marshall Academy of the Arts
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Hughes Middle School
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Franklin Classical Middle School
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Jessie E. Nelson Academy
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Washington Middle School
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Jefferson Leadership Academies
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Regency High School
Private | 7 - 12
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Zinsmeyer Academy
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Select Community Day (Secondary)
Public | 7 - 12
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Renaissance High School for the Arts
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Wilson High School
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Polytechnic High School
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Beach High-Intensive Learning Program
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Educational Partnership High School
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St Anthony High School
Private | 9 - 12
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Long Beach Unified School District Regional Occupational Program
Public | 10 - 12