$2,295,000
1148 Stanley Avenue, Long Beach CA 90804
Multi-Family (8 Units)
Property type
24 days
On market
$368
Price per sqft
12 cars
Garage
1986
Year built
6,627 sqft
Lot size
Open Houses
Overview
PRICED TO SELL - 10X GRM AND 6.5% CAP AT MARKET RENTS for 1980's construction in Long Beach. Earn over a 8% Cash on Cash Return. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Built in 1987 the property is professionally managed and well maintained. Building was recently painted as well. All units are 2...
Listing provided by: Jonathan Swire DRE #01336277 310-948-2631, The Agency
Listing updated: May 13, 2026 at 08:03am.
Last checked: Jun 4, 2026 at 06:30am
Source: CRMLS #26825273
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | — | $2,295 | $2,295 | $2,295 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
11.7x
List Price / Annual Gross Rent
Cap Rate
5.4%
NOI / List Price
Net Operating Income: $134,000
Interior
Cooling: None
Heating: Wall Furnace
Laundry: Common Area
Exterior
Stories Total: 1
Levels: Multi Split
Garage and Parking
Parking: Assigned
Garage Spaces: 12
Garage: Attached
Parking Total: 12
Lot Information
Land Lease: No
Parcel #: 7260029019
Zoning: LBR2N
Lot Size Dimensions: 50x133
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1148 Stanley Avenue, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,836,000
Total Interest
$2,341,717
Total Payment
$4,177,717
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,145
per month
Property History for 1148 Stanley Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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