Are you looking for a great 4 plex in a prime rental area of Long Beach with a tremendous amount of upside? If so, this is your opportunity! 660 Stanley Avenue is a 4 unit investment property made up of a front 3 bedroom and 2 bathroom unit, and three 2 bedroom/1.5 bathroom units. The property includes a shared laundry room, detached garages that accommodate 5 vehicles, and an open common area at the back of the building. 3 of the 4 units are vacant and ready to rent. The fourth unit has a long term tenant whose term lease has reverted to a month-to-month lease with under market rent. Again, a tremendous amount of upside with rents, as well as potential ADU development (Buyer to verify). In terms of location, it doesn't get any better than this. The property is located in a prime rental area, and is conveniently close to Long Beach State University, the beach, downtown, shopping, dining, entertainment, and much more.
Pending
Listing Provided by:
Mark Lima DRE #01845513 mlima@limarealestategroup.com,
Lima Real Estate Group
$1,650,000
660 Stanley Ave, Long Beach, CA 90814
9beds
8baths
4,405sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$1,571,000 Zestimate®
$375/sqft
$-- HOA
What's special
Shared laundry room
- 77 days
- on Zillow |
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