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1341 Stanley Avenue

1341 Stanley Avenue,Long Beach, CA 90813

4

Unit

$1,050,000

Price

Property Details

Price Per Unit

$262,500

Price per SF

$438

Current Cap Rate

4.73%

Market Cap Rate

5.46%

Current GRM

12.87

Market GRM

11.67

1341 Stanley Avenue

1341 Stanley Avenue,Long Beach, CA 90813

$1,050,000

Price

Property Details

Price per SF

$438

Price Per Unit

$262,500

Price per SF

$438

Current Cap Rate

4.73%

Market Cap Rate

5.46%

Unit

4

Current GRM

12.87

Market GRM

11.67

Description

1341 Stanley Avenue is a 4-unit investment opportunity in highly desirable Eastside Long Beach.
The property is comprised of (3) 1BD/1BA units and
(1) 2BD/1BA unit. Four detached garages provide the opportunity for parking income, and the property features a yard with a back porch for the front units.
With a 87 Walk Score this asset is in close proximity to numerous amenities for daily living.

Highlights

  • Desirable Eastside Location – 87 Walk Score
  • Four (4) Garages for Potential Parking Income
  • Spacious Yard with Back Deck for Front Units
  • 12.87 GRM at Current Rents

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