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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,225,000

Est. payment - /mo

6,429 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID SB26105231

HOA Y/N No

Year Built 1959

Lot Size 6,429 Sqft

Property Sub-Type Quadruplex

Property Description

Four units. Strong rental income. Big-ticket upgrades already completed on this fully occupied 4-unit investment opportunity at 1341 Stanley Ave in Long Beach. The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity. There's on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Heating See Remarks

Cooling See Remarks

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry Common Area

Exterior

Parking Features Garage, On Site

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Golf, Park, Sidewalks

View Y/N No

View None

Roof Type See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Lawn

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7260023009

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Edward Kaminsky eXp Realty of California, Inc 310-427-2414, DRE #00958114

NEARBY SCHOOL & BUSINESS

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1341 Stanley AVE Long Beach, CA 90804