1600 Stanley Avenue

Long Beach, CA 90804

$950,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $265 / sqft

1971

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1600 Stanley Avenue
City Long Beach
State CA
Zip 90804
County Los Angeles
Listing Agent John Stiegler II DRE#01981597
Co-Listing Agent Stephen Takahashi DRE#01944770
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
MLS SB24082999
List Price $950,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 6,610
Year Built 1971
DOM 1

Exterior Information

Maps

Listing information courtesy of: John Stiegler II, Stephen Takahashi, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 27th, 2024 at 6:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.