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1086 Stanley Ave
Long Beach, CA 90804
9 Units | Built 1987 · Multifamily Property For Sale
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9 Units
Investment Highlights
- Priced at 12.49 x Gross and 5.42% Cap Rate at Current Rents
- Strong Mix of (8) 2BD/2BA and (1) 1BD/1BA Units
- Laundry Room Onsite Providing Additional Income
- Desirable 1980's Property with 9 Units
- 13 Total Parking Spaces (9 spaces under building + 2 two-car garages)
Property Facts
| No. Units | 9 | Building Size | 7,963 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R4R | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,963 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R4R |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 925 |
| 1+1 | 1 | - | 563 |
Property Taxes
| Parcel Number | 7262-003-003 | Improvements Assessment | $1,530,000 |
| Land Assessment | $1,249,500 | Total Assessment | $2,779,500 |
Property Taxes
Parcel Number
7262-003-003
Land Assessment
$1,249,500
Improvements Assessment
$1,530,000
Total Assessment
$2,779,500
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