1033 Stanley Avenue, Long Beach, CA 90804
1033 Stanley Avenue, Long Beach, CA 90804
1033 Stanley Avenue, Long Beach, CA 90804
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$1,249,000
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5 Beds
5 Baths
6,520 Sqft Lot
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1033 Stanley Avenue Long Beach, CA 90804

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID SB26217953

Bedrooms 5

Lot Size 6,520 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Investor opportunity in Long Beachs Eastside/Rose Park area: 1033 Stanley Ave is a four-unit multifamily property with over $75K in upgrades including a new roof and 3 new water heaters. With a CAP Rate of almost 5% offering a practical unit mix of one 2-bedroom/2-bath unit and three 1-bedroom/1-bath units. Each unit has its own private garage, providing a meaningful parking amenity in a dense coastal market. The property sits on an approximately 6,520 SF lot with roughly 2,588 SF of gross building area. The four-unit configuration provides diversified rental income across multiple unit types, while the 2-bedroom unit offers additional appeal to tenants needing more space. The open space in between the 2 buildings and 5 garages create potential for expansion or ADU's (buyer to verify). The location has a walk score of 90 and puts tenants close to the amenities that drive rental demand, including local restaurants, coffee shops, shopping and everyday services, with convenient access to major Long Beach corridors and regional transportation. Downtown Long Beach, the waterfront, Shoreline Village, Long Beach Convention & Entertainment Center and the area's employment centers are all within a short drive. This is a chance to add a stabilized fourplex to your portfolio with income in place and upside to explore. Bring your numbers, run your projections, and take a closer look.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of 10th St, South of Anaheim St, East of Cherry Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7262004017

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

MLS Router / San Diego MLS
Listed by Edward Kaminsky, DRE#00958114 eXp Realty of California, Inc 
Co-listed byChristina Kaminsky • eXp Realty of California, Inc

NEARBY SCHOOL & BUSINESS

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Patty Doyle

Patty Doyle

Agent License ID: 01507441

+1(619) 886-0321

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1033 Stanley Avenue

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