For Sale Multi-Family MLS# SB26217739

1341 Stanley Avenue

Long Beach, CA 90804

$1,199,000

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About 1341 Stanley Avenue

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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1959
Stories
1
Living area
2,456 sqft
Price / sqft
$488
Lot
0.1476
Original price
$1,199,000
MLS #
SB26217739

Interior

Appliances
Water Heater
Flooring
Laminate, Vinyl
Laundry
Common Area

Exterior & lot

Features
Victorian, Parking spaces: 8
Roof
Composition
Lot
LBR2N
Parking
Garage, On Site
Garage spaces
4

Schools

District
Long Beach Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
7260023009
Special conditions
Standard

Location

Subdivision
Eastside (ES)
Area
3 - Eastside, Circle Area
County
Los Angeles
Neighborhood
Zaferia
Community
Alley, City Street, 0.0
Directions
North of E Anaheim St - South of E 14th

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Listed by Edward Kaminsky, eXp Realty of California, Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.