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Residential Income - 1128 Stanley, Long Beach, CA

$3,000,000

1128 Stanley, Long Beach, CA

1128 Stanley, Long Beach, CA 90804 - $3,000,000 · Multi-Family Home for Sale, photo 1 1128 Stanley, Long Beach, CA 90804 - $3,000,000 · Multi-Family Home for Sale, photo 2 1128 Stanley, Long Beach, CA 90804 - $3,000,000 · Multi-Family Home for Sale, photo 3 1128 Stanley, Long Beach, CA 90804 - $3,000,000 · Multi-Family Home for Sale, photo 4 1128 Stanley, Long Beach, CA 90804 - $3,000,000 · Multi-Family Home for Sale, photo 5
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Description

Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.

Property details

Year built
1987
Property type
Residential Income
Lot size
6,620 sqft

Location

1128 Stanley • Long Beach, CA 90804

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Listed by

DARREN CORREA · LE INVESTMENT GROUP

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Listing courtesy of LE INVESTMENT GROUP. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715