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1144 Stanley Avenue, Long Beach, CA 90804
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$2,045,000
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Home Details for 1144 Stanley Avenue
Price
$2,045,000
Type
Condo/Townhome
Year Build
1972
Lot Size
0.1519
County
Los Angeles
MLS®️ Listing#
OC25058726
On exitrealty.com
214 days
Property Description
An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%.
All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances.
The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management.
Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment.
Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
- Cooling Information
- Ductless
- Heating Information
- Ductless
- Water Features
- Public
- House Interior
- Recessed Lighting
- Fire Place
- None
Listing Courtesy: Real Broker - 714-823-1972. Presented by: Nhi Phan
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:53:05 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$2,045,000
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.