$950,000
1600 Stanley Avenue, Long Beach 90804
8
Beds
4
Baths
6,610
Lot Size
4
# Of Units
Listing Agent
John Stiegler Ii - Lyon Stahl Investment Real Estate, Inc.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.
Facts & Features
| MLS® # | SB24082999 |
|---|---|
| Price | $950,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Lot Size | 6,610 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1600 Stanley Avenue |
|---|---|
| Area | 3 - Eastside, Circle Area |
| Subdivision | Eastside (ES) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90804 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | April 26th, 2024 |
|---|---|
| Days on Market | 12 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | John Stiegler Ii |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |