1148 Stanley Avenue
Long Beach, CA 90804
16
Bed
0
Bath
6,240Sqft
6,627Sqft(Lot)
PRICED TO SELL - 10X GRM AND 6.5% CAP AT MARKET RENTS for 1980's construction in Long Beach. Earn over a 8% Cash on Cash Return. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Built in 1987 the property is professionally managed and well maintained. Building was recently painted as well. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. This property is perfect for someone looking for a low management asset. It also has approx. 14% rental upside to a 10 GRM and 6.7% CAP at market rents. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Plumbing is copper (Buyer to v
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 16Bathroom Information
Total Baths: 16 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1986 Building Area Total: 6,240 -
Laundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1521 Lot Size Dimensions: 50x133 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6627
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Listing Price Information
Original List Price: 2,295,000 Listing Contract Date: 2026-04-28 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 7260029019
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Garage and Parking
Garage Description: Assigned Attached Garage: YesHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 3 - Eastside, Circle Area Directions: 8 units built in 1986 in Long Beach. Zoning: LBR2N Source Property Type: Residential Income Area: 3 - Eastside, Circle Area -
Building and Construction
Property Age: 40 Year Built Source: Vendor Enhanced Total Square Feet Living: 6240 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 730 Santiago Avenue, Long Beach, CA, 90804 | $2,319,000 | 5 | 5 | 5,009 | 5,009 SqFt |
| 1350 Quincy Avenue, Long Beach, CA, 90804 | $1,030,000 | 3 | 1 | 1,218 | 1,218 SqFt |
| 4375 E 14th Street, Long Beach, CA, 90804 | $1,300,000 | 5 | 2 | 2,648 | 2,648 SqFt |
| 4375 E 14th Street, Long Beach, CA, 90804 | $1,300,000 | 6 | -- | 2,648 | 2,648 SqFt |
| 1203 Ximeno, Long Beach, CA, 90804 | $2,745,000 | -- | -- | 5,700 | 5,700 SqFt |
| 3745 E Ransom Street, Long Beach, CA, 90804 | $999,999 | 2 | 1 | 1,029 | 1,029 SqFt |
| 3745 E Ransom Street, Long Beach, CA, 90804 | $999,999 | -- | -- | 1,029 | 1,029 SqFt |
| 3641 E Esther, Long Beach, CA, 90804 | $1,300,000 | 3 | 2 | 1,772 | 1,772 SqFt |
| 924 Termino Avenue, Long Beach, CA, 90804 | $2,195,000 | -- | -- | 3,400 | 3,400 SqFt |
| 3645 E 17th Street, Long Beach, CA, 90804 | $799,000 | 3 | 1 | 1,178 | 1,178 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 13:44
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