Seller's Agent in 2025
Mark Lima
Lima Real Estate Group
(714) 333-6407
1 in this area
73 Total Sales
660 Stanley Ave Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,628,000 - $1,643,991
9
Beds
8
Baths
4,405
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Lawn
- Laundry Room
- 5 Car Garage
- Woodrow Wilson High School Rated A
About This Home
As of August 2025Are you looking for a great 4 plex in a prime rental area of Long Beach with a tremendous amount of upside? If so, this is your opportunity! 660 Stanley Avenue is a 4 unit investment property made up of a front 3 bedroom and 2 bathroom unit, and three 2 bedroom/1.5 bathroom units. The property includes a shared laundry room, detached garages that accommodate 5 vehicles, and an open common area at the back of the building. 3 of the 4 units are vacant and ready to rent. The fourth unit has a long term tenant whose term lease has reverted to a month-to-month lease with under market rent. Again, a tremendous amount of upside with rents, as well as potential ADU development (Buyer to verify). In terms of location, it doesn't get any better than this. The property is located in a prime rental area, and is conveniently close to Long Beach State University, the beach, downtown, shopping, dining, entertainment, and much more.
Last Agent to Sell the Property
Lima Real Estate Group Brokerage Email: mlima@limarealestategroup.com License #01845513 Listed on: 05/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 6,778 Sq Ft Lot
- Two or More Common Walls
- Lawn
Parking
- 5 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,405 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 5
- Tax Tract Number 576
- Assessor Parcel Number 7262030008
- $994 per year additional tax assessments
Community Details
Building Details
- 1 Leased Unit
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- Operating Expense $1
- Gross Income $17,725
- Net Operating Income $8,227
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Jul 21, 2025
Sold by
Moine Laura June and Cogan Caitlin
Bought by
Araki Ken Akira
Seller's Agent
Mark Lima
Lima Real Estate Group
Buyer's Agent
Ryan Yamauchi
Home Team Ventures
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,248
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,485,000
Outstanding Balance
$1,482,436
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$153,812
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araki Ken Akira | $1,625,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Araki Ken Akira | $1,485,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $1,625,000 | -1.5% | $369 / Sq Ft |
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | For Sale | $1,650,000 | -- | $375 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,842 | $1,570,800 | $1,122,000 | $448,800 |
| 2024 | $5,842 | $389,185 | $167,386 | $221,799 |
| 2023 | $5,742 | $381,554 | $164,104 | $217,450 |
| 2022 | $5,416 | $374,074 | $160,887 | $213,187 |
| 2021 | $5,281 | $366,740 | $157,733 | $209,007 |
| 2019 | $5,207 | $355,863 | $153,055 | $202,808 |
| 2018 | $4,957 | $348,886 | $150,054 | $198,832 |
| 2016 | $4,542 | $335,340 | $144,228 | $191,112 |
| 2015 | $4,373 | $330,304 | $142,062 | $188,242 |
| 2014 | $4,364 | $323,835 | $139,280 | $184,555 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Lima
-
Ryan Yamauchi
Buyer's Agent in 2025
Ryan Yamauchi
Home Team Ventures
(310) 365-5102
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25099773
APN: 7262-030-008
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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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