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Sold for $1,400,000 on 07/18/23
  • Listing Provided by: 

    John Stiegler II DRE #01981597 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.,

    Stephen Takahashi DRE #01944770 310-403-9145,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,400,000

    1365 Stanley Ave, Long Beach, CA 90804

    8beds
    4baths
    4,896sqft
    Quadruplex
    Built in 1928
    -- sqft lot
    $1,466,300 Zestimate®
    $286/sqft
    $2,455 Estimated rent

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    $8,750/mo

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    $8,750/mo

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    What's special

    We are pleased to present this pride of ownership 4-unit apartment complex located at 1365 Stanley Ave in the Zaferia neighborhood, which is undergoing extensive improvements and gentrification. This very large well-maintained 4,896 Sq Ft building is situated on a 6,449 SqFt lot. This property consists of (4) 2-bed/1-bath units roughly 1,200 SqFt each, including four detached garages accessed from the back alley with potential for ADU additions (buyer to verify). In 2020 apartment A (ground floor) has gone through a complete renovation, while keeping the historical charm and character. Other recent upgrades in 2023 include newer 12 year old roof inspected, and preventative maintenance conducted with high quality silicone roof coating applied by Barlett Roofing, new paint on the entire exterior of building and trim, and some new windows have been replaced. This property has low maintenance landscaping that is serviced bi-monthly. The City of Long Beach conducted an inspection of the property in April of 2023 as part of a new Proactive Rental Housing Inspection Program (PRHIP). All building, and sanitation code/ordinance standards met/exceeded. Don’t wait as this great opportunity will not last for long.

    Zillow last checked: 8 hours ago

    Listing updated: July 24, 2023 at 10:54am

    Listing Provided by:

    John Stiegler II DRE #01981597 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.,

    Stephen Takahashi DRE #01944770 310-403-9145,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Kurt Hertzog, DRE #02011145

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB23091471MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,896
    • Total interior livable area: 4,896 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Rear
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,449 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7260023006
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban, Sidewalks, Urban
    Location
    • Region: Long Beach
    • Subdivision: Eastside (Es)

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value
    $1,466,300