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Status

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Long Beach

1128 Stanley

About This Property

Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.

Neighborhood

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Listing courtesy of LE INVESTMENT GROUP

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$3,000,000

Est. Monthly Payment

$19,170/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

DARREN CORREA

LE INVESTMENT GROUP