1341 Stanley AvenueLong Beach, CA 90804

Description

Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach.  The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity.  There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Style

Victorian

Year built

1959

Stories

2

Building area

2,456 Sq Ft

Lot size

0.15 acres

Garage spaces

4

Parking spaces

8

Zoning

LBR2N

Days on market

16

MLS^® Listing#

SB26217739

Property Features

Appliances

Water Heater

Heating

See Remarks

Flooring

Laminate · Vinyl

Fireplace

None

Pool

None

Parking

Garage · On Site

Laundry

Common Area

Lot features

Front Yard

Roof

Composition

Community

Golf · Park · Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

7260023009

Directions

North of E Anaheim St - South of E 14th