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1128 Stanley AVE Long Beach, CA 90804
6,619 Sqft Lot
UPDATED:
08/30/2024 04:35 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW23229200
Originating Board California Regional MLS
Year Built 1987
Lot Size 6,619 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Laundry Area
Exterior
Garage Spaces 13.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 7260029016
Special Listing Condition Not Applicable
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Listed by Robert Stepp • Keller Williams - Santa Monica