660 Stanley Avenue Active

Long Beach,CA 90814

$ 1650000

- Bed

- Bath

4405 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,405 sqft

Price per Sqft $374

MLS Listing ID CROC25099773

Year Built 1969

Lot Size 6,778 Sqft

Property Sub-Type Quadruplex

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

Interior

Laundry Common Area

Building

Lot Description Other

Water Public

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