1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
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1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
1148 Stanley Ave
For Sale

1148 Stanley Ave

1148 Stanley Ave, Long Beach, CA 90804

$2,375,000
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.

16
beds

16
baths

6,240 Sq.Ft. LIVING AREA

6,627 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 1148 Stanley Ave, Long Beach, CA 90804. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms16
  • Laundry room Community
  • APPLIANCES None

Area & Lot

  • Status For Sale
  • Living Area6,240 Sq.Ft.
  • Lot Area6,627 Sq.Ft.
  • MLS® ID24-383887
  • TypeResidential
  • YEAR BUILT1986
  • NeighborhoodEastside

Exterior

  • STORIES1
  • Garage Space12.0
  • parkingAssigned, Attached
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,375,000
  • Zoning LBR2N

Eastside

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