1128 Stanley Avenue
Long Beach, CA 90804
0.15 acres | #PW23229200
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
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Robert Stepp (#PSTEPROB)
Listing Office: Keller Williams - Santa Monica (#PB20859)
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.