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Listed by Mark Lima • Lima Real Estate Group
$1,650,000
Est. payment /mo
4,405 SqFt
Active Under Contract
660 Stanley Avenue Long Beach, CA 90814
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,405 sqft
Price per Sqft $374
MLS Listing ID OC-25099773
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
Area 3 - Eastside, Circle Area
Zoning LBR3S
Interior
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool None
Community Features Curbs, Sidewalks, Street Lights
Building
Lot Description Lawn
Sewer Public Sewer
Others
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