1335 Stanley Avenue, Long Beach, CA 90804

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Property Description

PRICED TO SELL. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. 10.6 GRM AND 6.3% CAP on in place rents, with upside to a 6.7% CAP. And only $301/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.


Interior Features

Bedroom Information
Bedrooms 18
Bathroom Information
Bathrooms 10
Interior Information
Cooling Type None

Listing Information

Address 1335 Stanley Avenue
City Long Beach
State CA
Zip 90804
County Los Angeles
Listing Agent Jonathan Swire DRE #01336277
Courtesy Of The Agency
List Price $2,049,000
Status Active
Type Residential Income
Structure Size 6,810
Lot Size 6,423
Year Built 1963

Listing information courtesy of: Jonathan Swire, The Agency. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 22nd, 2025 at 1:58 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.