1144 Stanley Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated payment $11,184/month
Highlights
- Quartz Countertops
- Neighborhood Views
- Recessed Lighting
- Woodrow Wilson High School Rated A
- Ductless Heating Or Cooling System
- Laundry Room
About This Home
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.
Listing Agent
Real Broker Brokerage Phone: 714-823-1972 License #02178756 Listed on: 04/16/2025
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1972 | Remodeled
Lot Details
- 6,617 Sq Ft Lot
- Two or More Common Walls
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Gas Range
- Range Hood
- Quartz Countertops
Bedrooms and Bathrooms
- 12 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 11933
- Assessor Parcel Number 7260029018
- $1,000 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,000
- Maintenance Expense $4,662
- Professional Management Expense $6,216
- New Taxes Expense $24,150
- Operating Expense $43,690
- Gross Income $155,400
- Net Operating Income $111,710
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,770 | $1,300,000 | $900,000 | $400,000 |
| 2024 | $6,770 | $463,568 | $138,182 | $325,386 |
| 2023 | $6,654 | $454,479 | $135,473 | $319,006 |
| 2022 | $6,271 | $445,568 | $132,817 | $312,751 |
| 2021 | $6,119 | $436,832 | $130,213 | $306,619 |
| 2019 | $6,032 | $423,876 | $126,351 | $297,525 |
| 2018 | $5,772 | $415,566 | $123,874 | $291,692 |
| 2017 | $5,712 | $407,419 | $121,446 | $285,973 |
| 2016 | $5,290 | $399,431 | $119,065 | $280,366 |
| 2015 | $5,091 | $393,432 | $117,277 | $276,155 |
| 2014 | $5,075 | $385,726 | $114,980 | $270,746 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $2,045,000 | -2.4% | $445 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $2,095,000 | -- | $455 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Wfg National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,425,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25058726
APN: 7260-029-018
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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