1148 Stanley Ave, Long Beach, CA 90804 Homes for Sale

For Sale

$2,375,000

• 16 beds
• 0 baths
• 6240 Sq Ft

1148 Stanley Avenue,
Long Beach, CA, 90804

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Overview

Listing Status Active

MLS 24-383887

Property Type

Other

Year built

1986

Total rooms

16

Lot size

0.15 Acres

Time on NeighborWho

27 days

Stories

-

Price per Sq Ft

$381

Parking

12e0 car garage

Basement

-

About 1148 Stanley Ave, Long Beach, CA

8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 12.5 GRM and a 4.8% CAP with upside to a 6.4% CAP. Built in 1986 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite... laundry. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Email LA for more information including a current Rent Roll and actual expenses. Read more

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