$3,000,000
For Sale

1128 Stanley Avenue

Long Beach, CA 90804
0.15 acres | #PW23229200
Listing OfficeKeller Williams - Santa Monica
Browse 10 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Lot DescriptionSixToTenUnitsAcre
      • Stories3
    • Measurements
      • Acres0.152
    • Parking
      • Parking Spaces13
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1987
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionEastside (ES)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,000,000
  • Other
      • MLS #PW23229200

Location

Karen SellersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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