660 Stanley AVE new

Long Beach,CA 90814

$ 1650000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25099773

Originating Board California Regional MLS

Year Built 1969

Lot Size 6,778 Sqft

Property Sub-Type Fourplex

Property Description

Are you looking for a great 4 plex in a prime rental area of Long Beach with a tremendous amount of upside? If so, this is your opportunity! 660 Stanley Avenue is a 4 unit investment property made up of a front 3 bedroom and 2 bathroom unit, and three 2 bedroom/1.5 bathroom units. The property includes a shared laundry room, detached garages that accommodate 5 vehicles, and an open common area at the back of the building. 3 of the 4 units are vacant and ready to rent. The fourth unit has a long term tenant whose term lease has reverted to a month-to-month lease with under market rent. Again, a tremendous amount of upside with rents, as well as potential ADU development (Buyer to verify). In terms of location, it doesn't get any better than this. The property is located in a prime rental area, and is conveniently close to Long Beach State University, the beach, downtown, shopping, dining, entertainment, and much more.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Laundry Laundry Area

Exterior

Parking Features Garage

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 7262030008

Special Listing Condition Court Confirmation May Be Required

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