1043 Stanley Avenue
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% occupoancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellant 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.
Broker Details
RE/MAX College Park Realty (888) 920-1993
MLS ID: RSCALMIC State License Number: 00952161
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,575,000 |
| No. of Units: | 4 |
| Year Built: | 1929 |
| Opportunity Zone: | No |
| Price per unit: | $393,750 |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 6 |
ID: 3yd-MRMLSCA-RS26165029
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