1148 Stanley Ave
Long Beach,
CA
90804
Property Details
List Price: |
$2,375,000 |
Beds: |
16 |
Baths: |
-- |
Status: |
Active |
SqFt: |
6240 |
Agency: |
The Agency |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1986 |
Notes: |
8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 12.5 GRM and a 4.8% CAP with upside to a 6.4% CAP. Built in 1986 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Email LA for more information including a current Rent Roll and actual expenses. |
MlsNumber: |
24-383887 |
Estimate Your Monthly Payment
Listing Provided By: |
The Agency, original listing |
Name: |
The Agency |
Phone: |
(424) 230-3700 |
Office Name: |
The Agency |
Office Phone: |
(424) 230-3700 |
Agent Name: |
Jonathan Swire |
Disclaimer: |
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |