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1128 Stanley, Long Beach, CA 90804

$3,000,000
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    bed

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    bath

Multi-family for sale 199 days
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About 1128 Stanley

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 6,620 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.
Listed by
Listing Agent - DARREN CORREA
Listing Agent Contact: 714-310-2840
Listing Office - LE INVESTMENT GROUP
Source: CRMLS mls logo
MLS#IV26048033 • last updated 6 months ago
Movoto checked CRMLS for data 5 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.152
Lot Size (SqFt) 6620
Year Built 1987
Interior
Laundry Community
Exterior
Building Area Square Feet, 8245
Parking Covered, On Site
# Parking Spaces 2
# Garage Spaces 2
Lot Description 6-10 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Biking, Street Lights, Urban, Sidewalks
Subdivision Eastside (ES), Eastside (ES)
Directions N Of PCH, Turn N On Cherry Ave, Then E On Stanley Ave.
APN 7260029016
Multifamily Details
Expense: Trash 208
Laundry Income 4066
Operating Expense 76229
Expense: Insurance 7328
Total Expenses 76229
Expense: Water/ Sewer 4710
Gross Income 240142
Expense: Electric 726
Gross Scheduled Income 236076
Expense: Fuel 220
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5/10
Willard Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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