1128 StanleyLong Beach, CA 90804

Description

Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1987

Stories

2

Building area

8,245 Sq Ft

Lot size

0.15 acres

Garage spaces

2

Parking spaces

2

Days on market

207

MLS^® Listing#

IV26048033

Property Features

Pool

None

Parking

Covered · On Site

Laundry

Common Area

Community

Curbs · Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Parcel number

7260029016

Directions

N of PCH, turn N on Cherry Ave, then E on Stanley Ave.