938 Stanley Avenue

Long Beach, CA 90804
$2,375,000
We are pleased to exclusively offer for sale this 9 Unit Multi-Family investment located in the vibrant 90804 submarket of Long Beach. This 5,201 SF lot is centrally positioned in Long Beach and offers tenants convenient access to the entirety of the city as well as the confluence of bothRead MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Keaton Quaack 562-743-8204
Listing Snapshot
Days Online
18
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1925
MLS Number
SB25092114
Property Location Map
Additional Details
Property Access
Road frontage type: CityStreet, Road surface type: AlleyPaved, Paved
Appliances & Equipment
SixBurnerStove, Dishwasher, ElectricRange, GasOven, Microwave, Refrigerator, WaterHeater
Building
Built in 1925, Building area total: 5,034, Levels: Two, 2 stories, 3 buildings, Architectural style: Craftsman, Attached, Common walls: TwoCommonWallsOrMore, Construction materials: Concrete, Stucco, WoodSiding
Community
Biking, Curbs, DogPark, Golf, Gutters, Park, StreetLights, Urban
Cooling
CentralAir, WallWindowUnits
Expenses
Electric expense: $1,200, Insurance expense: $10,000, Licenses expense: $420, Maintenance expense: $4,800, New taxes expense: $28,510, Operating expense: $63,638, Trash expense: $2,280, Water sewer expense: $4,320, Other expense: $1,260
Fence
Wood
Floors
Vinyl, Wood
Heating
Central, WallFurnace
Income
Gross income: $216,960, Net operating income: $142,475
Interior Features
Balcony, CeilingFans, GraniteCounters, Pantry, Storage, BedroomOnMainLevel
Laundry
WasherHookup, GasDryerHookup
Lot
0.1194 acres, 5,201 square feet, Size: 5,201, CornerLot, FrontYard, NearPublicTransit, RectangularLot
Parking
None
Pool
None
Property
Zoning: LBR2N, Neighborhood
Roof
Flat
Security Features
CarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Sewer
SewerTapPaid
Utilities
Standard, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
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Monthly Payment
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Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.