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1033 Stanley Avenue

1033 Stanley Avenue,Long Beach, CA 90804

4

Unit

$1,100,000

Price

Property Details

Price Per Unit

$275,000

Price per SF

$425

Current Cap Rate

4.30%

Market Cap Rate

5.21%

Current GRM

13.68

Market GRM

12.06

1033 Stanley Avenue

1033 Stanley Avenue,Long Beach, CA 90804

$1,100,000

Price

Property Details

Price per SF

$425

Price Per Unit

$275,000

Price per SF

$425

Current Cap Rate

4.30%

Market Cap Rate

5.21%

Unit

4

Current GRM

13.68

Market GRM

12.06

Description

1033 Stanley Avenue is an attractive 4-unit investment opportunity in Eastside Long Beach with rental upside of ±20%.

The property is comprised of (1) 2BD/1.5BA unit and (3) 1BD/1BA units. The front-facing units feature a back patio, and the 6,520-square-foot lot also offers a sizable yard shaded by lush greenery and five (5) garages.

This Eastside location has a Walk Score of 87 and is highly convenient for tenants.

Highlights

  • Rental Upside of ±20%
  • Ample Parking with Five (5) Garages
  • Shaded Yard with Mature Trees
  • Desirable Eastside Long Beach – 87 Walk Score

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