1144 Stanley Avenue
Long Beach, CA 90804
- 12 beds
- – baths
- 4,600 sqft
- 6,617 sqft lot
- $455 per sqft
- 1972 build
- – on site
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 durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
Last checked:
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Last updated Apr 18, 2025
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MLS# CROC25058726 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1972
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Building Area Units:Square Feet
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Security Features:Smoke Detector(s)
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Other Equipment:Other
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Building Area Total:4600
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:4600
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Living Area Units:Square Feet
Location
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Directions:East Anaheim St / Cherry Ave
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:7260029018
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Lot Size Area:0.15
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Lot Size Acres:0.15
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Lot Size SqFt:6617
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Lot Size Units:Acres
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View:Other
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View:true
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:12
The Listing
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Listing Terms:Cash
Heating & Cooling
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Cooling:Other
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:8
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/17/25
Apr 17, 2025
|
Listed / Active | BRIDGE | $2,095,000 |
