Four-Unit Residential Income
1341 Stanley Avenue Long Beach, CA 90804
For Sale
Contact for pricing
Fully occupied four-unit investment with two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, separately metered utilities.
Property Size2,456 SF
Lot Size0.15 Acres
Price / SF$498.78
Days on Market78
Property Features for 1341 Stanley Avenue
General Information
- Standard status
- Active
- Size
- 2,456 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Listing Agency:
THE KAMINSKY REAL ESTATE GROUP
Listed By:
Tina Kaminsky phillips · License #CA
Source:
Crexi
Added: May 8
Changed: Jul 20
Last Checked: Jul 22 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE KAMINSKY REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This four-unit residential income property includes two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units. The investment consists of two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. Each unit is separately metered for gas and electricity. An on-site laundry facility supports day-to-day tenant convenience, and the property provides four private covered garages plus four additional parking spaces.
Recent capital improvements include a brand-new roof completed in 2024 on both structures, with warranty coverage. Additional work cited includes a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and high-end Bradford White water heaters installed in two of the four units.
The property is described as well maintained and fully occupied, positioned as a turnkey multifamily opportunity at 1341 Stanley Avenue in Long Beach.
Recent capital improvements include a brand-new roof completed in 2024 on both structures, with warranty coverage. Additional work cited includes a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and high-end Bradford White water heaters installed in two of the four units.
The property is described as well maintained and fully occupied, positioned as a turnkey multifamily opportunity at 1341 Stanley Avenue in Long Beach.
Key Highlights
- Fully occupied 4‑unit investment at 1341 Stanley Ave, Long Beach.
- Unit mix: two 2BD/1BA units and two 1BD/1BA units; each unit separately metered for gas and electricity.
- Two separate structures totaling 2,456 SF on a 6,431 SF lot.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.6k | $32.40 |
| − Vacancy | −$4.1k | −$1.68 |
| EGI | $75.4k | $30.72 |
| − OpEx | −$22.6k | −$9.21 |
| NOI | $52.8k | $21.50 |
2,456 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$754.4K
$660.1K – $880.1K
NOI $52,806 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$671.0K
$587.1K – $782.8K
NOI $46,967 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $92,045 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit investment with two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, separately metered utilities.
Where is this quadplex located?
The property is located at 1341 Stanley Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Fully occupied 4‑unit investment at 1341 Stanley Ave, Long Beach.; Unit mix: two 2BD/1BA units and two 1BD/1BA units; each unit separately metered for gas and electricity.; Two separate structures totaling 2,456 SF on a 6,431 SF lot.
