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.
For sale
Listing Provided by:
Nhi Phan DRE #02178756 714-823-1972,
Real Broker
$2,045,000
1144 Stanley Ave, Long Beach, CA 90804
12beds
8baths
4,600sqft
Est.:
Townhouse
Built in 1972
6,617 Square Feet Lot
$2,007,400 Zestimate®
$445/sqft
$-- HOA
What's special
Modern cabinetryQuartz countertopsNew appliancesRecessed lightingTownhouse-style propertyVinyl flooring
- 189 days |
- 175 |
- 4 |
- Loading
- Loading