1341 Stanley Avenue, Long Beach, California 90804

$1,199,000

Property Type

Residential Income

Building Size

2,456 sqft

City

Long Beach

Status

Active

Four units. Strong rental income. Big-ticket upgrades already completed on this 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. One unit currently vacant and freshly remodeled. 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.