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1144 Stanley Avenue, Long Beach, CA 90804
Priced at Only: $2,045,000
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Address: 1144 Stanley Avenue, Long Beach, CA 90804
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  • MLS#: OC25058726 ( Townhouse )
  • Street Address: 1144 Stanley Avenue
  • Viewed: 2
  • Price: $2,045,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 327
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90804
  • Provided by: Real Broker
  • Contact: Nhi Nhi
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 durabilitymaking this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long term upside. Dont miss this rare, high performing asset in the heart of Long Beach.
Features
Appliances
  1. Gas Range
  2. Range Hood
Building Area Total
  1. 4600.00
Carport Spaces
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Ductless
Country
  1. US
Days On Market
  1. 326
Fireplace Features
  1. None
Flooring
  1. Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Ductless
Insurance Expense
  1. 4000.00
Interior Features
  1. Quartz Counters
  2. Recessed Lighting
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. Two
Lockboxtype
  1. See Remarks
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 111710.00
Newtaxesexpense
  1. 24150.00
Parcel Number
  1. 7260029018
Parking Features
  1. Uncovered
Pool Features
  1. None
Professionalmanagementexpense
  1. 6216.00
Property Type
  1. Townhouse
Property Condition
  1. Updated/Remodeled
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 434333153:CRM
Tenant Pays
  1. Electricity
  2. Gas
  3. Water
Totalactualrent
  1. 12950.00
Totalexpenses
  1. 43690.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 8.00
View
  1. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1972
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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