NOT LISTED FOR SALE

1332 Stanley Ave Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $1,298,000 - $1,572,000

8 Beds
4 Baths
3,440 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $1,350,000 $392 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,504/month

20 Days on Market

About This Home

As of May 2022

Wydown Partners, Inc. is pleased to present 1332-1338 Stanley Ave, a pristine, true turnkey 4-unit apartment building for sale. The property is located in the broader Eastisde neighborhood of Long Beach and is a fantastic, unique to the market investment opportunity. Stanley Ave. features four updated 2-bedroom units, each with their own washer/dryer and multiple parking spaces. In 2019 and 2021, the building underwent an extensive and thorough renovation. The renovation features everything from plumbing, electrical, and gas to windows, landscaping, and security. There is also potential for an investor to add an ADU (to be verified).The project has been well received in the market. Professional management has heavily screened all new tenants while leasing each unit with full security deposits. Tenants enjoy this central location that allows for easy freeway access for those commuting to LA or Orange County. Vibrant, rapidly growing downtown Long Beach and the famed 2nd Street are both just a few minutes away. Numerous public transportation routes, including the Metro Blue Line, are also within easy walking distance.

Last Agent to Sell the Property

Matt Levis

Wydown Partners Inc. License #01900634 Listed on: 03/31/2022

Co-Listed By

Jack Levis

Wydown Partners Inc. License #01886278

Last Buyer's Agent

Joseph Soaris

Keller Williams Los Angeles License #01073001

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,355

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,101

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Alarm System
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,101 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, water, trash collection
  • The owner pays for electricity
  • Assessor Parcel Number 7260-024-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,355

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3440
  • Lot Acreage: 0.1401
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Alarm System
  • Price Per S Q F T: 421.51

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 43.82
  • Assessed Improvement Value: 401921
  • Assessed Land Percent: 56.18
  • Assessed Land Value: 515283
  • Total Assessed Value: 917204
  • Assessor Parcel Number: 7260-024-016
  • Lot Size Area: 6101

Rental Info

  • Owner Pays: Electricity
  • Tenant Pays: Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.14
  • Number Of Units: 4
  • Total Annual Expense: 31188
  • Type Of Units: 2bed/1bath
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Strahan Wyatt and Strahan Wiley
Bought by
Sb Investment Fund I Llc
Current Estimated Value
$1,466,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Outstanding Balance
$762,053
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$704,212

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 25, 2019
Sold by
Strahan Wiley and Strahan Wyatt
Bought by
Sb Investment Fund I Llc
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$999,000
Sold Price
$890,000
Premium/Discount to List
-$109,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$667,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 21, 2018
Sold by
Martin David J
Bought by
Strahan Wiley and Strahan Wyatt
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$999,000
Sold Price
$890,000
Premium/Discount to List
-$109,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Maverick Productions Llc
Bought by
Martin David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Td Capital Llc
Bought by
Maverick Productions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Alne Phil and Alne Claudia
Bought by
T D Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Porobic Ankica and The Ankica Porobic Trust
Bought by
Alne Phil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Porobic Ankica
Bought by
Porobic Ankica and Ankica Porobic Trust

Purchase Details

Closed on
Jun 30, 2003
Sold by
Rawlings Stephen and Miller Bradley
Bought by
Porobic Ankica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,900
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2002
Sold by
Rawlings Stephen
Bought by
Rawlings Stephen and Miller Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,336
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2002
Sold by
Douglass Barbara E
Bought by
Rawlings Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,336
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Sb Investment Fund I Llc -- Accommodation
Strahan Wyatt -- Stewart Title Of California
Sb Investment Fund I Llc -- None Available
Strahan Wiley $890,000 Old Republic Title Company
Marlin David J -- Old Republic Title Company
Martin David J $475,000 North American Title Co
Maverick Productions Llc $419,000 North American Title Company
T D Capital Llc -- None Available
Alne Phil $900,000 Old Republic Title Company
Porobic Ankica -- --
Porobic Ankica $577,000 Chicago Title Co
Rawlings Stephen -- Equity
Rawlings Stephen $360,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strahan Wyatt $862,500
Previous Owner Strahan Wiley $667,500
Previous Owner Martin David J $341,250
Previous Owner Martin David J $356,250
Previous Owner Maverick Productions Llc $200,000
Previous Owner Alne Phil $630,000
Previous Owner Porobic Ankica $100,000
Previous Owner Porobic Ankica $507,500
Previous Owner Porobic Ankica $403,900
Previous Owner Porobic Ankica $100,000
Previous Owner Rawlings Stephen $354,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $1,350,000 -6.9% $392 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,450,000 +62.9% $422 / Sq Ft
01/25/2019 01/25/19 Sold $890,000 -10.9% $259 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $999,000 -- $290 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $18,355 $1,432,630 $795,906 $636,724
2024 $18,355 $1,404,540 $780,300 $624,240
2023 $18,048 $1,377,000 $765,000 $612,000
2022 $12,013 $935,547 $525,588 $409,959
2021 $11,766 $917,204 $515,283 $401,921
2020 $11,735 $907,800 $510,000 $397,800
2019 $7,481 $549,638 $231,425 $318,213
2018 $7,189 $538,862 $226,888 $311,974
2016 $6,607 $517,939 $218,079 $299,860
2015 $6,350 $510,160 $214,804 $295,356
2014 $6,322 $500,168 $210,597 $289,571
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matt Levis

    Wydown Partners Inc.

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jack Levis

    Wydown Partners Inc.

    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Soaris

    Keller Williams Los Angeles

    (310) 862-1797

    1 in this area

    18 Total Sales

    Joseph Soaris
    Section Image
  • Robert Fox

    Seller's Agent in 2019

    Robert Fox

    Robert Fox, Broker

    (808) 256-1071

    6 Total Sales

    Robert Fox
    Section Image
  • Jeffrey Isenberg

    Buyer's Agent in 2019

    Jeffrey Isenberg

    Buckingham Investments, Inc

    (310) 982-7055

    17 Total Sales

    Jeffrey Isenberg
    Section Image
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Map

Source: The MLS

MLS Number: 22-141975

The MLS

APN: 7260-024-016

California Los Angeles County Long Beach 90804 Zaferia

1332 Stanley Ave, Long Beach, CA

This home is located at 1332 Stanley Ave, Long Beach, CA 90804 since 31 March 2022 and is currently estimated at $1,466,265, approximately $426 per square foot. This property was built in 1923. 1332 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.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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