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$1,650,000

Est. payment - /mo

6,777 Sqft Lot

New

660 Stanley AVE Long Beach, CA 90814

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Antonio Kavaldjian

antonio.kavaldjian@coldwellbanker.com +1(619) 250-4698

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25099773

HOA Y/N No

Year Built 1969

Lot Size 6,777 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

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Lawn

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7262030008

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Probate Listing

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Listed by Mark Lima • Lima Real Estate Group • mlima@limarealestategroup.com

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Antonio Kavaldjian

Agent | License ID: 01706106

+1(619) 250-4698

660 Stanley AVE Long Beach, CA 90814

Antonio Kavaldjian

Key Details

Location

Interior

Exterior

Building

Others

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660 Stanley AVE