1600 Stanley Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 6,610 sqft lot
- 1971 build
- – on site
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We are pleased to present this great Value Add opportunity located at 1600 Stanley Ave in Long Beach. This 4 unit apartment building consists of (4) 2-Bedroom, 1-Bathroom townhome style units that are roughly 900 sqft for each. Built in 1971, there is a total of 3,584 sqft of livable space, situated on a large 6,610 sqft lot. Tenants pay their own electricity and gas, which are separately metered for each unit. property has a back parking lot that offers 6 parking spots as well as tandem parking spaces. All units are long term tenants that are month to month. Possibility to build (2) detach ADU 1,200 Sqft each on this property – Buyer to verify. With over 100% in rental income upside, this is a perfect opportunity for a value-add investor.
Last checked:
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Last updated Jun 5, 2024
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MLS# SB24082999 —
The Building
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Year Built:1971
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:3584.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Entry Location:front
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Laundry:Common Area
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Laundry:1
Location
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Directions:Take the 405 S toward Long Beach. Turn left onto E Pacific Coast Highway. Turn left onto Stanley Ave.
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:Rectangular Lot
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Lot Size Area:6610.0000
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Lot Size Acres:0.1517
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Lot Size SqFt:6610.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:1
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Tax Lot:16
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7260011037
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Eastside (ES)
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Subdivision:Eastside (ES)
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Senior Community:No
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Features:Curbs, Sidewalks, Urban
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:8.00
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Uncovered Spaces:8.00
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 |
|---|---|---|---|---|
|
6/5/24
Jun 5, 2024
|
Sold | CRMLS_CA | $1,035,000 | 8.9% |
|
5/10/24
May 10, 2024
|
Pending | CRMLS_CA | $950,000 | |
|
4/26/24
Apr 26, 2024
|
Listed / Active | CRMLS_CA | $950,000 |
