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Additional details
$ 1,575,000
Est. payment /mo
Price Dropped by $125K
1043 Stanley Avenue Long Beach, CA 90804
10 Beds
6 Baths
6,524 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID RS26165029
Bedrooms 10
Lot Size 6,524 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From 7th street north on stanley. Property will be on west side. Cross streets 10th & Temple
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7262004016
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Michelle Scales, DRE#00952161 College Park Realty, Inc
NEARBY SCHOOL & BUSINESS
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