664 Stanley ave, Long Beach, CA 90814
Active
$1,500,000
3 Units
8 Beds
5 Baths
3,228 Area(sq.ft.)
Lot: 6,749 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,100 | $ 2,100 | $ 2,100 |
| Unit 2 | 1 | 3 | 2 | No | n/a | $ 3,420 | $ 3,420 |
| Unit 3 | 1 | 3 | 2 | Yes | $ 3,420 | $ 3,420 | $ 3,420 |
| 3 | 8 | 5 | $ 5,520 | $ 8,940 | $ 8,940 |
| MLS #: | OC24225211MR |
| Days On Market: | 412 |
| Listing Date: | October 29, 2024 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 465 |
| Price per unit: | $ 500,000 |
| Year Built: | 1947 |
Property Details
Discover an outstanding investment opportunity with this renovated triplex, meticulously updated and permitted for years of worry-free maintenance. Live in one unit while renting the others, or lease all three for maximum return. The front unit boasts 1,115 sqft with 3 bedrooms and 1.5 baths, complete with central A/C and a private laundry area. The rear lower unit features 712 sqft with 2 bedrooms and 1 bath, while the spacious second-floor unit offers 1,434 sqft with 3 bedrooms and 2 baths, both equipped with new wall unit A/C. Shared laundry facilities serve the rear units, and extensive renovations include dual-pane windows, copper plumbing, stylish new flooring, modern bathrooms, updated kitchens with stainless steel appliances, new electrical fixtures, LED recessed lighting, and a four-car enclosed garage.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 10,335 |
| Net Operating Income: | $ 91,581 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBR3S |
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
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