Residential Income in Long Beach

$1,199,000

1341 Stanley, 90804, Long Beach, CA

Residential Income for sale in Long Beach, 1341 Stanley, 90804

1341 Stanley, 90804, Long Beach, CA

$1,199,000

Type: Residential Income

Description

Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach. The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2, 456 square feet on a 6, 431 square-foot lot. The investment has been well maintained and has seen over $70, 000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity. There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.

Agent Information

Location

1341 Stanley, 90804, Long Beach, CA

Data

Object TypeResidential Income
Purchase Price$1,199,000
Living Space0 m²
Plot Size597.46 m²
BathroomsN/A
Construction Year1959
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeSee Remarks
Primary Energy SourceN/A
Construction Year1959
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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