1128 Stanley Avenue

Long Beach, CA 90804

$3,000,000

List Price

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shower Baths

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1987

calendar_month Built

Property Description

1128 Stanley Avenue is a 9-unit, value-add apartment building built in 1987 and located in Long Beach, California. The property is priced at 12.60 x gross and 5.41% cap rate at current rents. There are eight (8) 2 BD / 2 BA units and one (1) 1 BD / 1 BA unit. Onsite laundry facilities provide additional income and there is ample parking of 13 total spaces -- nine (9) covered garage spaces under the building and two (2) two-car garages. With a Walk Score of 89, the property is in close proximity to many desirable amenities and boasts a strong and stable tenant base.

Listing Information

List Price $3,000,000
Status Active
MLS PW23229200
Type Residential Income
Subtype Mixed Use
Year Built 1987
Lot Size 6,619
Structure Size N/A
DOM 252
Courtesy Of Keller Williams - Santa Monica
Listing Agent Robert Stepp DRE#01456379

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
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Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Robert Stepp, Keller Williams - Santa Monica . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 30th, 2024 at 4:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.