Long Beach, CA 90814 660 Stanley Avenue
$1,650,000
61 more
Presented By: Mark Lima with Lima Real Estate Group; mlima@limarealestategroup.com
Beds • 9
Full/Half Baths • 5 / 3
SQFT • 4,405
Garage • 5
Year Built • 1969
Home Details
Are 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.
Presented By: Mark Lima with Lima Real Estate Group; mlima@limarealestategroup.com
Interior Features for 660 Stanley Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 660 Stanley Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, StreetLights, Sidewalks
CountyLos Angeles
DirectionsCross Streets are E. 7th Street and Loma Ave.
Electric On Property Y/NNo
Entry Location1
Garage Spaces5.0
Garage Y/NYes
Gross Income17725.0
HOANo
Home Warranty Y/NNo
Insurance Expense1.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet6778.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income8226.5
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
Operating Expense9498.5
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsProbateListing
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameNone
Tax Lot5
Tenant PaysElectricity
Total Actual Rent1725.0
Trash Expense1.0
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1.0
Year Built1969
Year Built SourcePublicRecords
ZoningLBR3S
Exterior for 660 Stanley Avenue
Building Area Total4405.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLawn
Lot Size Acres0.1556
Lot Size Area6778.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,650,000
MLS#OC25099773
List Date
05/05/2025
Property Type
Multi-Family
Phone
(562) 537-4182
