Property · 2 recorded sales since 2019
Listing Agent: Matthew Levis (DRE #01900634) · Listing Office: Wydown Partners Inc. · Contact: 424-248-0170 · Bought with: Joseph Soaris · KW Advisors · MLS #22141975 · Source: CRMLS
Wydown Partners, Inc. is pleased to present 1332-1338 Stanley Ave, a pristine, true turnkey 4-unit apartment building for sale. The property is located in the broader Eastisde neighborhood of Long Beach and is a fantastic, unique to the market investment opportunity. Stanley Ave. features four updated 2-bedroom units, each with their own washer/dryer and multiple parking spaces. In 2019 and 2021, the building underwent an extensive and thorough renovation. The renovation features everything from plumbing, electrical, and gas to windows, landscaping, and security. There is also potential for an investor to add an ADU (to be verified).The project has been well received in the market. Professional management has heavily screened all new tenants while leasing each unit with full security deposits. Tenants enjoy this central location that allows for easy freeway access for those commuting to LA or Orange County. Vibrant, rapidly growing downtown Long Beach and the famed 2nd Street are both just a few minutes away. Numerous public transportation routes, including the Metro Blue Line, are also within easy walking distance.
Listing description from the May 2022 sale, as reported to CRMLS.