Long Beach, CA 90804,1365 Stanley AVE
Long Beach, CA 90804,1365 Stanley AVE
Long Beach, CA 90804,1365 Stanley AVE
Long Beach, CA 90804,1365 Stanley AVE
Long Beach, CA 90804,1365 Stanley AVE
Long Beach, CA 90804,1365 Stanley AVE
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$1,400,000

$1,350,000

3.7%
Est.Price: ?

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Est. payment /mo

6,446 Sqft Lot


SOLD DATE : 07/18/2023

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID SB23091471

Sold Date 07/18/23

HOA Y/N No

Year Built 1928

Lot Size 6,446 Sqft

Property Description

We are pleased to present this pride of ownership 4-unit apartment complex located at 1365 Stanley Ave in the Zaferia neighborhood, which is undergoing extensive improvements and gentrification. This very large well-maintained 4,896 Sq Ft building is situated on a 6,449 SqFt lot. This property consists of (4) 2-bed/1-bath units roughly 1,200 SqFt each, including four detached garages accessed from the back alley with potential for ADU additions (buyer to verify). In 2020 apartment A (ground floor) has gone through a complete renovation, while keeping the historical charm and character. Other recent upgrades in 2023 include newer 12 year old roof inspected, and preventative maintenance conducted with high quality silicone roof coating applied by Barlett Roofing, new paint on the entire exterior of building and trim, and some new windows have been replaced. This property has low maintenance landscaping that is serviced bi-monthly. The City of Long Beach conducted an inspection of the property in April of 2023 as part of a new Proactive Rental Housing Inspection Program (PRHIP). All building, and sanitation code/ordinance standards met/exceeded. Don't wait as this great opportunity will not last for long.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7260023006

Energy Description 900.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
Bought with Kurt Hertzog • Lyon Stahl Investment Real Estate, Inc.
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