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1341 Stanley Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
4 Units
Executive Summary
Four units. Strong rental income. Big-ticket upgrades already completed on this fully occupied 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. 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.
Property Facts
| Price Per Unit | $427,056 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,456 SF |
| Cap Rate | 4.87% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 3.26/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | LBR2N | ||
| Price Per Unit | $427,056 CAD |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,456 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 3.26/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LBR2N |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,859 CAD | - |
| 2+1 | 2 | $2,437 CAD | - |
| 1+1 | 1 | $2,883 CAD | - |
Property Taxes
| Parcel Number | 7260-023-009 | Improvements Assessment | $568,944 CAD |
| Land Assessment | $924,534 CAD | Total Assessment | $1,493,477 CAD |
Property Taxes
Parcel Number
7260-023-009
Land Assessment
$924,534 CAD
Improvements Assessment
$568,944 CAD
Total Assessment
$1,493,477 CAD
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