Properties
Long Beach, CA 90804 1128 Stanley
$3,000,000
12 more
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Baths • 1
SQFT • 8,245
Garage • 2
Home Details
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.
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Interior Features for 1128 Stanley
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1128 Stanley
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLong Beach
Community FeaturesBiking, Curbs, Street Lights, Sidewalks, Urban
CountyLos Angeles
DirectionsN of PCH, turn N on Cherry Ave, then E on Stanley Ave.
Electric Expense726
Entry Location1
Fuel Expense220
Garage Spaces2
Garage Y/NYes
Gross Income240142
Insurance Expense7328
Land Lease Y/NNo
Listing TermsCash to New Loan, Conventional
Lot Size Square Feet6620
Lot Size UnitsSquare Feet
MLS Area3 - Eastside, Circle Area
Net Operating Income156709
New ConstructionNo
Number Of Units Total9
Operating Expense76229
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameEastside (ES)
Tax Lot14
Trash Expense208
Water Sewer Expense4710
Year Built1987
Year Built SourcePublic Records
Exterior for 1128 Stanley
Building Area Total8245
Lot Features6-10 Units/Acre
Lot Size Acres0.152
Lot Size Area6620
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Parking FeaturesCovered, On Site
Private PoolNo
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
