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Sold on 09/18/2025

1335 Stanley Ave, Long Beach, CA 90804

$2,030,000

Last sold 09/18/2025 after 244 Days

  • 18

    bed

  • 10

    bath

  • 6,810

    Sqft ($298/Sqft)

Multi-family not for sale
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About 1335 Stanley Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 6,423 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
PRICE REDUCED TO SELL - SELLER IS MOTIVATED. 10.2 GRM AND 6.7% CAP on in place rents, with upside to a 9.3 GRM and a 7.7% CAP. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. And only $299/SF. There are 2 potential Loan Options on the property. Option 1 - The Buyer can obtain a new loan with 30% down fixed for 5 years. Option 2 - Buyer can assume the existing, fully amortized loan of $1.670.000 fixed at 3.4% until November 2026 at which point it can adjust as much as 2.00%. This option allows a Buyer to purchase this property with less than 20% down. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.
Listed by
Listing Agent - Jonathan Swire
Listing Office - The Agency
Source: The MLS mls logo
MLS#25-484309 • last updated 8 months ago
Movoto checked The MLS for data 9 minutes ago
Overview
Levels/Style Two
MLS # 25-484309
Type Residential Income
Status Sold
SqFt 6810
Lot Size (SqFt) 6423
Lot Size (Acres) 0.1474
Year Built 1963
Interior
Total # of Baths 10
Total # of Bedrooms 18
Exterior
# Garage Spaces 4
# Parking Spaces 4
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LBR2N
APN 7260-023-010
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 2395
Unit 1: Projected Rent 1695
Unit 1: # Beds 1
Unit 1: Rent 1695
Unit 2: Rent 1995
Unit 3: Rent 2395
Unit 2: Furnished No
Unit 2: Projected Rent 1995
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1.5
Unit 1: # Baths 1
Unit 2: Actual Rent 1995
Unit 3: Actual Rent 2395
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1695
Total # Of Buildings 8
Net Operating Income 130000
Cap Rate 6.7
Vacancy Rate 0%
Gross Income 196000
Gross Operating Income 196000
Gross Rent Multiplier 10.2
Total Annual Expenses 57000
$2.08M
Range: $1.87M-$2.29M
Last 30 days 
  • Dec 2025
    Public Records
  • Dec 19, 2025 Sold
    $2,030,000
  • Dec 2025
    mls logo MLS # 25484309
  • Dec 19, 2025 Sold
    $2,030,000 (-0.4%)
  • Sep 18, 2025 Pending
    —
  • Sep 4, 2025 Price Change
    $2,038,000
  • May 27, 2025 Price Change
    $2,039,000 (-0.5%)
  • Jan 16, 2025 Listed
    $2,049,000 (+2.5%)
  • Jan 2021
    Public Records
  • Jan 14, 2021 Sold
    $2,000,000
  • Jan 2021
    mls logo MLS # PW20132878
  • Jan 14, 2021 Sold
    $2,000,000 (-2.4%)
  • Nov 23, 2020 Pending
    —
  • Sep 25, 2020 Price Change
    $2,050,000 (-4.7%)
  • Jul 8, 2020 Listed
    $2,150,000 (+152.9%)
  • Jul 2008
    Public Records
  • Jul 15, 2008 Sold
    $850,000
  • Year Property taxes Tax assessment
  • 2025
    $29,286 +4.6%
    $2,166,062 +2.0%
  • 2024
    $28,000 +1.7%
    $2,123,615 +2.0%
  • 2023
    $27,526 +6.5%
    $2,082,000
  • 2022
    $25,841 +90.9%
    $2,082,000 +105.64%
  • 2021
    $13,533 +0.3%
    $1,012,432 +1.03%
  • 2020
    $13,496
    $1,002,064
  • 1335 Stanley Ave
    $2.03M
  • Zaferia
    $465K +19% y/y
  • 90804
    $472K -5% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lee Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Jefferson Leadership Academies School
public Grades 6-8
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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