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.
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DAYS ON MARKET
|
133
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LAST UPDATED
|
12/22/2023
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|
TRACT
|
Eastside (ES)
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YEAR BUILT
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1987
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COMMUNITY
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Eastside, Circle Area
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GARAGE SPACES
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13.0
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COUNTY
|
Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
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|
|
| AREA |
Eastside, Circle Area |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| GARAGE |
Yes |
| LOT |
6619 sq ft |
| LOT DESCRIPTION |
6-10 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3 |
| SUBDIVISION |
Eastside (ES) |
| WATER |
Public |
| ZONING |
LBR2N |
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Listed with Keller Williams - Santa Monica
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/24 8:15 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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