1128 Stanley Avenue new

Long Beach,CA 90804

$ 3000000

- Bed

0 Bath

8245 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,245 sqft

Price per Sqft $363

Subdivision Eastside

MLS Listing ID PW-23229200

Year Built 1987

Lot Size 6,619 Sqft

Property Description

1128 Stanley Avenue is a 9-unit, value-add apartment building built in 1987 and located in Long Beach, California. The property is priced at 12.60 x gross and 5.41% cap rate at current rents. There are eight (8) 2 BD / 2 BA units and one (1) 1 BD / 1 BA unit. Onsite laundry facilities provide additional income and there is ample parking of 13 total spaces -- nine (9) covered garage spaces under the building and two (2) two-car garages. With a Walk Score of 89, the property is in close proximity to many desirable amenities and boasts a strong and stable tenant base.

Location

State CA

County Los Angeles

Zoning LBR2N

Interior

Laundry Common Area

Exterior

Garage Gated

Garage Spaces 13.0

Pool None

Community Features Sidewalks

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

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