1043 Stanley Ave
long beach, CA 90804$1,700,000
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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.
Details
5,222 Sq Ft
6,524 Sq Ft Lot Size
investment
Built in 1929
MLS/Listing ID RS26165029
2 Stories
4 Units
Amenities & Features
Community - Curbs
Community - Sidewalks
Community - Street Lights
Community - Suburban
Public Water
Public Sewer
Lot - Front Yard
Laundry Room
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TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. 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.