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Renovated Multifamily Property in Signal Hill

1817 STANLEY AVE Signal Hill, CA 90755

1817 STANLEY AVE, Signal Hill, CA, 90755
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Well-located, renovated 5-unit multifamily property in Signal Hill.

Property Size3,143 SF
Price / SF$475.66
AddedMay 12
Days on Market65
Last RefreshJul 15 at 4:39 pm

Property Features for 1817 STANLEY AVE

General Information

Standard status
Active
Size
3,143 SF
Property subtype
Multifamily

Building Details

Year Built
1927

Listing office Stepp Commercial

Listing date May 12, 2026

Source Crexi

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 Stepp Commercial


Investment Insights

Based on property information with market context.

This 5-unit multifamily property is located in Signal Hill, an independent city within Long Beach. The property consists of a front two-story building with two studio units, a rear two-story building with two 3-bedroom, 2-bathroom units and a two-car garage, and a 1-bedroom, 1-bathroom house with a den and a private yard. All units have been renovated with new flooring, updated kitchens with new appliances, and modern bathrooms. The property also features updated plumbing lines, new gas lines, two new water heaters, new stairs, and new roofing on multiple buildings. Situated near the I-405, I-710, and SR-91 freeways, residents have convenient access to the Port of Long Beach, CSULB, and surrounding business hubs. Two units may be delivered vacant, allowing a new owner to establish rents at current market levels. The property is positioned for continued income growth and long-term appreciation.

Key Highlights

  • Renovated Units: Featuring new flooring, updated kitchens with new appliances, and modern bathrooms.
  • Two Vacant Units: Allowing for immediate market‑rate rent increases.
  • Desirable Location: Situated in Signal Hill, known for its favorable tax structure, strong demographics, and consistent rental demand.

Local Financial Insights For Apartment 5plus

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 $99.9k $31.80
− Vacancy −$8.0k −$2.54
EGI $92.0k $29.26
− OpEx −$41.4k −$13.17
NOI $50.6k $16.09
3,143 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$722.5K
$632.2K – $842.9K (±1% cap)
NOI $50,573 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,792 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Daycare Center Catering Service Travel Agency (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-located, renovated 5-unit multifamily property in Signal Hill.
Where is this apartment building located?
The property is located at 1817 STANLEY AVE Signal Hill, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Renovated Units: Featuring new flooring, updated kitchens with new appliances, and modern bathrooms.; Two Vacant Units: Allowing for immediate market‑rate rent increases.; Desirable Location: Situated in Signal Hill, known for its favorable tax structure, strong demographics, and consistent rental demand.
Contact an agent
(310) 463-2916 Call to check price and availability
More about this property
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