$2,375,000
16 bed
6,240 Sqft
6,627 Sqft lot
1148 Stanley Avenue, Long Beach, California 90804
- Residential Income Property Type
- 16 Days Time on market
- $381 Price per sqft
- 1986 Year Built
Property Description
8 units in Long Beach subject to AB 1482 rent control – maximum annual increase of 5% + CPI. Priced at 12.5 GRM and a 4.8% CAP with upside to a 6.4% CAP. Built in 1986 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. There is onsite laundry onsite. The electrical is Siemens – it’s a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Email LA for more information including a current Rent Roll and actual expenses.
Basic Details
Residential Income
Buy
24383887
$2,375,000
16
6,240 Sqft
1986
6,627 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
12
$0
Address
CA
Los Angeles
Long Beach
90804
1148 Stanley Avenue
1148
Avenue
0
W119° 50' 17.1''
N33° 46' 55.1''
Additional Information
16
1
16
: Multi/split
1
: Common Area
12
1
6,240 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,627 Sqft
1
0 Sqft
LBR2N
7260029019
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
29/04/2024 09:16:43
$0
: Standard
8 units built in 1986 in Long Beach.
The Agency
Jonathan Swire
CLW-X79013
CLW-X52994
$0
4.8
1
50x133
1
0
0
1
1
1
8
196000
US-06037-N-7260029019-R-N
29/04/2024 16:25:46
Stanley
3 - Eastside, Circle Area
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