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ResidentialIncome — 1043 Stanley Avenue, Long Beach, CA

$1,700,000

1043 Stanley Avenue, Long Beach, CA

$1,700,000 — 1043 Stanley Avenue, Long Beach, CA — photo 1 $1,700,000 — 1043 Stanley Avenue, Long Beach, CA — photo 2 $1,700,000 — 1043 Stanley Avenue, Long Beach, CA — photo 3 $1,700,000 — 1043 Stanley Avenue, Long Beach, CA — photo 4 $1,700,000 — 1043 Stanley Avenue, Long Beach, CA — photo 5
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About this property

Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.

Property details

Year built
1929
Property type
ResidentialIncome

Location

1043 Stanley Avenue • Long Beach, CA 90804

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Listed by

Michelle Scales · College Park Realty, Inc

Listing courtesy of College Park Realty, Inc. Information deemed reliable but not guaranteed.

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