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.
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.
Property Details
Price:
$2,095,000
MLS #:
OC25058726
Status:
Active
Baths:
0
Address:
1144 Stanley Avenue
Type:
Residential Income
Subtype:
Townhouse
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Apr 16, 2025
State:
CA
ZIP:
90804
Lot Size:
6,617 sqft / 0.15 acres (approx)
Year Built:
1972
See this Listing
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Schools
Interior
Appliances
Gas Range, Range Hood
Cooling
Ductless
Fireplace Features
None
Flooring
Vinyl
Heating
Ductless
Interior Features
Quartz Counters, Recessed Lighting
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
Lot 6500-9999
Parking Features
Uncovered
Parking Spots
8.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Water
Map
Community
- Address1144 Stanley Avenue Long Beach CA
- Area699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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1144 Stanley Avenue
Long Beach, CA
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