1144 Stanley Avenue, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1144 Stanley Avenue,Long Beach, CA 90804
$2,045,000
- 12 Beds
- - Baths
- 4,600 sq. ft.
- Multi-family
- Active
Listed by: nhi phan
Office: real broker
MLS#:CROC25058726
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,045,000
- Price per sq. ft.:$444.57
About this home
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....
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Home facts
- Year built:1972
- Listing ID #:CROC25058726
- Added:358 day(s) ago
- Updated:April 07, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:12
- Flooring:Vinyl
- Living area:4,600 sq. ft.
Structure and exterior
- Year built:1972
- Building area:4,600 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,045,000
- Price per sq. ft.:$444.57
Features and amenities
- Laundry features:Gas Dryer Hookup
- Amenities:Smoke Detector(s)
Parking
- Parking description:Uncovered Parking Space
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