Are you looking for a great 4 plex in a prime rental area of Long Beach with a tremendous amount of upside? If so, this is your opportunity! 660 Stanley Avenue is a 4 unit investment property made up of a front 3 bedroom and 2 bathroom unit, and three 2 bedroom/1.5 bathroom units. The property includes a shared laundry room, detached garages that accommodate 5 vehicles, and an open common area at the back of the building. 3 of the 4 units are vacant and ready to rent. The fourth unit has a long term tenant whose term lease has reverted to a month-to-month lease with under market rent. Again, a tremendous amount of upside with rents, as well as potential ADU development (Buyer to verify). In terms of location, it doesn't get any better than this. The property is located in a prime rental area, and is conveniently close to Long Beach State University, the beach, downtown, shopping, dining, entertainment, and much more.
4,405 Sq Ft
6,778 Sq Ft Exterior Space
Investment
Built in 1969
MLS/Listing ID OC25099773
2 Stories
4 Units
Parking - Garage
Lot - Lawn
Common Area
Community - Sidewalks
Community - Street Lights
Community - Curbs
Listing Courtesy of LIMA REAL ESTATE GROUP, MARK LIMA - 714-333-6407
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE