An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%. All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances. The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management. Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
Rooms information : All Bedrooms Up
Street Address: 1144 Stanley Avenue
City: Long Beach
State: California
Postal Code: 90804
County: Los Angeles
MLS Number: OC25058726
Year Built: 1972
Courtesy of Real Broker

Similar Properties

listing main pic Active
$12,200,000
5120 E Livingston Drive, Long Beach, CA, 90803
disclaimer image Courtesy of Keller Williams Realty Downey
listing main pic Active
$10,995,000
5 bds 5 ba 6,182 Sqft
Address not disclosed, Long Beach, CA, 90803
disclaimer image Courtesy of Vista Sotheby's Int'l Realty
listing main pic Active
$10,995,000
5 bds 5 ba 6,182 Sqft
15 The Colonnade, Long Beach, CA, 90803
disclaimer image Courtesy of Vista Sotheby's Int'l Realty