NOT LISTED FOR SALE

1325 Stanley Ave Long Beach, CA 90804

Zaferia Neighborhood
4 Beds
10 Baths
3,904 Sq Ft
6,455 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $1,300,000 $333 Per Sq Ft

108 Days on Market

About This Home

As of January 2023

Located in a high demand rental area and less than 1.5 miles to the golden sand of the BEACH, these 10 units have not been on the market for a generation! Laid out in two parallel rows, you have 2 1-bedrooms in the front, then behind those are 6 studios, 3 on each side, followed by two studios in the back that have an additional retreat-like space. With plenty of employment, industry and retail nearby, there is always demand for these homes. Leave the roller coaster of the stock market and own an investment where you know every month the cash is rolling in!

Last Agent to Sell the Property

Maggie Etheridge-Ureno

Marthanne Etheridge, Broker License #00645855 Listed on: 09/23/2022

Last Buyer's Agent

Austin Carr

Realty One Group United License #01986298

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,455 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,904 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 10 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1
  • Assessor Parcel Number 7260023011

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 10 Separate Water Meters
  • Electric Expense $3,303
  • Gardener Expense $440
  • Insurance Expense $339
  • Maintenance Expense $3,179
  • Pest Control $657
  • Supplies Expense $149
  • Trash Expense $5,000
  • Water Sewer Expense $10,475
  • New Taxes Expense $3,878
  • Operating Expense $33,521
  • Gross Income $61,740
  • Net Operating Income $33,521

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 200000
  • Property Attached: Yes
  • Supplies Expense: 149.00
  • Water Sewer Expenses: 10475.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 440.00
  • Parcel Number: 7260023011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 332.99

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Pest Control Expense: 657.00
  • Sewer: Public Sewer
  • Trash Expense: 5000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 6455.00
  • Lot Size Acres: 0.1482

Multi Family

  • Average1 Bed Area: 557 Square Feet
  • Average Studio Area: 350 Square Feet
  • Electric Expense: 3303.00
  • Gross Income: 61740.00
  • Gross Scheduled Income: 61740.00
  • Insurance Expense: 339.00
  • Lot Size Area: 6455.0000 Square Feet
  • Maintenance Expense: 3179.00
  • Net Operating Income: 33521.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 28219.00
  • Rent Control: Yes
  • Total Expenses: 33521.00

Tax Info

  • New Taxes Expense: 3878.00
  • Tax Census Tract: 5751.02
  • Tax Lot: 9
  • Tax Tract Number: 1

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,300,000 -35.0% $333 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
09/23/2022 09/23/22 For Sale $2,000,000 -- $512 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maggie Etheridge-Ureno

    Seller's Agent in 2023

    Maggie Etheridge-Ureno

    Marthanne Etheridge, Broker

    (714) 962-4443

    1 in this area

    48 Total Sales

    Section Image
  • Austin Carr

    Buyer's Agent in 2023

    Austin Carr

    Realty One Group United

    (562) 537-7496

    2 in this area

    19 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22207908

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90804 Zaferia

1325 Stanley Ave, Long Beach, CA

This home is located at 1325 Stanley Ave, Long Beach, CA 90804 since 23 September 2022. This property was built in 1923. 1325 Stanley Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Creative Arts School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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