• 1128 Stanley Avenue Long Beach, CA 90804

  • $3,000,000
  • 0
    Bed(s)
  • 0
    Baths
  • 8,245
    Sq Ft
  • 6619
    Sqft
  • Listed By: Robert Stepp, Keller Williams - Santa Monica, DRE #01456379
  • Source: CRMLS

1128 Stanley Avenue is a 9-unit, value-add apartment building built in 1987 and located in Long Beach, California. The property is priced at 12.60 x gross and 5.41% cap rate at current rents. There are eight (8) 2 BD / 2 BA units and one (1) 1 BD / 1 BA unit. Onsite laundry facilities provide additional income and there is ample parking of 13 total spaces -- nine (9) covered garage spaces under the building and two (2) two-car garages. With a Walk Score of 89, the property is in close proximity to many desirable amenities and boasts a strong and stable tenant base.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1987

Building Area Total: 8,245

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.152

Lot Size Source: Assessor

Lot Size Square Feet: 6619

Listing Price Information

Original List Price: 3,000,000

Listing Contract Date: 2023-12-21

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7260029016

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 3 - Eastside, Circle Area

Postal Code Plus 4: 3590

Directions: E Anaheim Ave

Zoning: LBR2N

Source Property Type: Residential Income

Area: 3 - Eastside, Circle Area

Property SubType: Mixed Use

Building and Construction

Property Age: 37

Common Walls: 2+ Common Walls

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: Three Or More

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ByOwner last updated this listing 05/10/2024 @ 03:08

MLS: PW23229200
LISTED BY: Robert Stepp, Keller Williams - Santa Monica
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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