1540 Stanley Avenue

    Long Beach, CA 90804
    • $899,000
    • STATUS: Active
    • ON SITE: 124 days
    • ID#: PW18034230
    UPDATED: 90 min ago
    $899,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,584
      SQFT
    • $568
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    The offering includes four highly desirable one-bedroom/one-bath cottages and three single-car garages. The units have undergone significant upgrades in the past year, including new flooring, new kitchens with modern cabinetry and stainless steel appliances, renovated bathrooms, light fixtures, and interior and exterior paint. Additionally, the units are separately metered for gas and electricity. The property is securely gated and also features on-site laundry.As a turnkey asset with upgraded detached units and near-market rents in a dense rental market, 1540 Stanley Avenue presents an excellent investment opportunity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T00:27:32.383. 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. 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, 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.
    www.playavistaliving.com/homes/80735272

    1540 Stanley Avenue Long Beach, CA 90804

    • Price: $899,000
    • Status: Active
    • Updated: 90 min ago
    • ID#: PW18034230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,584
    SQFT
    $568
    $/SQFT
    1932
    Built
    Neighborhood:
    Eastside (Es)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    The offering includes four highly desirable one-bedroom/one-bath cottages and three single-car garages. The units have undergone significant upgrades in the past year, including new flooring, new kitchens with modern cabinetry and stainless steel appliances, renovated bathrooms, light fixtures, and interior and exterior paint. Additionally, the units are separately metered for gas and electricity. The property is securely gated and also features on-site laundry.As a turnkey asset with upgraded detached units and near-market rents in a dense rental market, 1540 Stanley Avenue presents an excellent investment opportunity.
    Exterior Features

    Garage Spaces 3.00 Lot Features Lot Shape-Rectangular Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.33 Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 66900.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 47933.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 16960.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Eastside (Es) Total Expenses 16960.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T00:27:32.383. 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. 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, 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.
     
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