Property Description

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 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 having 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 and first-time investment seekers alike.

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Edward Kaminsky

eXp Realty of California, Inc