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$2,375,000
20 Days Online
1148 Stanley Avenue Long Beach, CA 90804
For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Jonathan Swire of The Agency ?
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Monthly Payment (Est.)
$10,836Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.
8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 12.5 GRM and a 4.8% CAP with upside to a 6.4% CAP. Built in 1986 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Email LA for more information including a current Rent Roll and actual expenses.
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Listing Snapshot
Price
$2,375,000
Days Online
20 Days
Bedrooms
16
Inside Area (SqFt)
6,240 sqft
Total Baths
16
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1521 Acres
Year Built
1986
MLS® Number
24383887
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen online |
General Features
Parking
Assigned
Parking Spaces
12
Number of Stories
MultiSplit1
Acreage
0.1521
Garage Spaces
12
Attached Garage
Yes
Zoning
LBR2N
Listing Conditions
Standard
Interior Features
Cooling
None
Heating
Wall Furnace
Laundry Features
Common Area
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Community Features
Senior Community
No
MLS Area
3 - Eastside, Circle Area
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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