N/A
Bedrooms
Sold for $900,000 · Oct 2026
SOLDLong Beach, CA
MLS# PW26179995
Robert Stepp
Listing Agent
Keller Williams Realty Downey
DRE #: 01456379
Brokerage: Keller Williams Realty Downey
N/A
Bedrooms
N/A
Bathrooms
2,392 sqft
Square Feet
1912
Year Built
4,261 sqft
Lot Size
$376
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Triplex
Property Type
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.
Listing description from the October 2026 sale, as reported to CRMLS.
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1 recorded sale
1636 N Stanton sold for $900,000 in October 2026, at its full list price, after 34 days on the market. Across 127 closed sales in 90804 over the last 12 months, the median sold price is $790,000 and the median is $586 per square foot.
| Quarter | Closed sales in 90804 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $830,000 |
| Q2 2026 | 47 | $865,000 |
| Q3 2026 | 49 | $790,000 |
| Q4 2026 | 20 | $777,499 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90804
Closed sales reported in 90804, nearest first, last 12 months. All recent sales in Long Beach →
1636 N Stanton
Contact Robert Stepp
Contact via Nalren messaging
Contact Listing Agent
Keller Williams Realty Downey
DRE #01456379
Contact information is not available for this listing.