1335 Stanley Ave

PRICE REDUCED TO SELL - SELLER IS MOTIVATED.

10.3 GRM AND 6.5% CAP on in place rents, with upside to a 9.3 GRM and a 7.7% CAP. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. And only $299/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.

This home located at 1335 Stanley Ave is currently active and has been available on pardeeproperties.com for 165 days. This property is listed at $2,039,000. It has 18 beds and 10 bathrooms. The property was built in 1963. 1335 Stanley Ave is in the Eastside, Circle Area community of Los Angeles County.

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