$950,000
8 bed
4 bath
0 Sqft
6,610 Sqft lot
1600 Stanley Avenue, Long Beach, California 90804
- Residential Income Property Type
- 11 Days Time on market
- 1971 Year Built
Property Description
We are pleased to present this great Value Add opportunity located at 1600 Stanley Ave in Long Beach. This 4 unit apartment building consists of (4) 2-Bedroom, 1-Bathroom townhome style units that are roughly 900 sqft for each. Built in 1971, there is a total of 3,584 sqft of livable space, situated on a large 6,610 sqft lot. Tenants pay their own electricity and gas, which are separately metered for each unit. property has a back parking lot that offers 6 parking spots as well as tandem parking spaces. All units are long term tenants that are month to month. Possibility to build (2) detach ADU 1,200 Sqft each on this property – Buyer to verify. With over 100% in rental income upside, this is a perfect opportunity for a value-add investor.
Basic Details
Residential Income
Buy
SB24082999
$950,000
8
4
0 Sqft
1971
6,610 Sqft
Active
Quadruplex
Multi-family
Features
: Sidewalks, Curbs, Urban
8
$0
: Public Sewer
Address
CA
Los Angeles
Long Beach
90804
1600 Stanley Avenue
1600
Avenue
0
W119° 50' 17.2''
N33° 47' 14.4''
Additional Information
11
1
2
: Common Area
0
3,584 Sqft
1
0 Sqft
0 Sqft
0.15 Sqft
6,610 Sqft
1
: 2+ Common Walls
0 Sqft
7260011037
$0
$0
$0
$2,021
$0
$1,200
0 Sqft
1
0 Sqft
$0
1
26/04/2024 08:50:22
$0
: Standard
Cash,CashtoNewLoan,Conventional,1031 Exchange
Take the 405 S toward Long Beach. Turn left onto E Pacific Coast Highway. Turn left onto Stanley Ave.
Lyon Stahl Investment Real Estate, Inc.
John Stiegler II
sb1310620
sbstiejoh
$0
1
1
: Rectangular Lot
1
Eastside (ES)
1
: Square Feet
yes
1
4
4
1
4
16
49004
US-06037-N-7260011037-R-N
Quadruplex
26/04/2024 16:23:43
Stanley
3 - Eastside, Circle Area
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