Samimi CRE Advisors
    Listings/1341 Stanley Avenue
    1341 Stanley Avenue - Photo 1
    multifamilyActive Listing

    1341 Stanley Avenue

    Long Beach, CA 90804

    Valuation

    $1,297,000

    Key Specifications

    Total Units

    4

    multifamily

    Year Built

    1959

    Value-Add Era

    Interior

    2,456 SF

    $528 / SF

    Lot Area

    6,431 SF

    Unit Mix

    multifamily

    2x 1-Bed/1-Bath, 2x 2-Bed/1-Bath

    Investment Highlights

    Over $70,000 in recent upgrades including new warrantied roofs (2024), redone deck with waterproofing, and select unit upgrades with new water heaters, windows, and interiors.
    Four private covered garages, on-site laundry, and separately metered for gas and electricity.
    No local rent control and subject to AB 1482 (annual increases of 5% + CPI).
    Eligible for 30-year residential financing.
    Well-maintained property offering strong income in a prime Long Beach location.
    Can be sold with 1033 Stanley Ave as a package deal.

    Property Overview

    1341 Stanley Avenue presents an exceptional opportunity to acquire a well-maintained four-unit property in the heart of Long Beach. The building encompasses approximately 2,456 square feet on a 6,431-square-foot lot and features (2) 2-bedroom/1-bath units and (2) 1-bedroom/1-bath units, all occupied by reliable tenants with a history of on-time rent payments. The property has benefited from over $70,000 in recent upgrades, including new warrantied roofs on all structures (2024), a newly redone deck with stucco and waterproofing, and replaced some underground piping. Select units feature upgraded interiors, new high-end Bradford White water heaters, and new windows. Additional highlights include four private covered garages, on-site laundry, and separate utilities for gas and electricity. This desirable investment offers strong in-place income and is eligible for 30-year residential financing. With no local rent control and subject to AB 1482, annual rent increases of 5% + CPI (currently 8%) are permitted, making it an excellent opportunity for investors seeking a stable asset in a prime Long Beach location.