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640 Stanley Ave
Long Beach, CA 90814
Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Building Size | 14,840 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RR3, Long Beach | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 14,840 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | RR3, Long Beach |
About 640 STANLEY AVE , LONG BEACH, CA 90814
Stepp Commercial is pleased to present 640 Stanley Avenue, a 16-unit multifamily asset in the Rose Park neighborhood of Long Beach, within walking distance of popular shopping, dining and nightlife on Fourth Street/Retro Row. The property is comprised of two buildings featuring two bedroom/one and one half bath townhouse-style units, and offers twenty garage spaces - eight two car garages and four one-car garages. This property offers investors significant rental upside potential of over 30% and the opportunity to own an attractive property in a highly desirable rental market.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | $1,885 | 928 |
Property Taxes
| Parcel Number | 7262-030-032 | Improvements Assessment | $3,714,228 |
| Land Assessment | $3,183,624 | Total Assessment | $6,897,852 |
Property Taxes
Parcel Number
7262-030-032
Land Assessment
$3,183,624
Improvements Assessment
$3,714,228
Total Assessment
$6,897,852
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