An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%. All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances. The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management. Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
For sale
Listing Provided by:
Nhi Phan DRE #02178756,
Real Broker
$2,095,000
1144 Stanley Ave, Long Beach, CA 90804
12beds
8baths
4,600sqft
Est.:
Townhouse
Built in 1972
6,617 Square Feet Lot
$2,038,300 Zestimate®
$455/sqft
$-- HOA
What's special
Private backyardModern cabinetryQuartz countertopsNew appliancesRecessed lightingVinyl flooring
- 35 days
- on Zillow |
- 275 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 06:19am
Listing Provided by:
Nhi Phan DRE #02178756,
Real Broker
Source: CRMLS,MLS#: OC25058726
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Rooms
- Room types: All Bedrooms Up
Heating
- Ductless
Cooling
- Ductless, Wall Unit(s)
Appliances
- Included: Gas Range, Range Hood, Range
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Quartz Counters, Recessed Lighting
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,600
- Total interior livable area: 4,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,617 Square Feet
- Features: Lot 6500-9999
Details
- Parcel number: 7260029018
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $463,568
- Annual tax amount: $6,770
- Date on market: 4/16/2025
- Total actual rent: 12950
- Tenant pays: Electricity, Gas, Water
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