List Price: $1.2M

Listing Status: Active

Days on Market: 8

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1959

Lot Size: 6,431 sq ft

Garage Spaces: 4

MLS Number: SB26217739

About This Property

Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach.  The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity.  There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.

Listing provided by: Edward Kaminsky DRE #00958114 310-798-1277 EK@ITZSOLD.COM, eXp Realty of California, Inc

Source: CRMLS, MLS #: SB26217739

The listing office is eXp Realty of California, Inc. Belmont Brokerage Inc. (DRE #02431308) provides buyer representation and consultation. Tour and contact requests go to a Belmont agent.