664 Stanley AVE Long Beach, CA 90814
Active
$1,500,000
3 Units
8 Beds
5 Baths
3,228 Area(sq.ft.)
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 | 3 | 8 | 5 | $ 5,520 | $ 8,940 | $ 8,940 |
MLS #: | OC24225211MR |
Days On Market: | 47 |
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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