1122 Stanley Avenue

Long Beach, CA 90804

$3,050,000
Price
17
Beds
11
Baths
7,582 Sq. Ft.
$402 / Sq. Ft.
7,582
Sq. Ft.
$402
per Sq. Ft.

Description

1122 Stanley Avenue is a 10-unit apartment building located in Long Beach, California. Constructed in 1963, the subject property contains 7,582 rentable square feet that is placed on a 6,523 square foot lot. The existing units consist of (1) studio, (3) 1 Bed + 1 Bath units, (4) 2 Bed + 1 Bath units and (1) 3 Bed + 2 Bath units along with a 4 car garage located in the rear of the property with alley access.1122 Stanley Avenue is a 10-unit apartment building located in Long Beach, California. Constructed in 1963, the subject property contains 7,582 rentable square feet that is placed on a 6,523 square foot lot. The existing units consist of (1) studio, (3) 1 Bed + 1 Bath units, (4) 2 Bed + 1 Bath units and (1) 3 Bed + 2 Bath units along with a 4 car garage located in the rear of the property with alley access.
  1. Listed by Justin White • DRE #01267826 • Brokerage DRE #01267826 • Justin White • thesbgbp@gmail.com

Property Details for 1122 Stanley Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
7582
Property Attached YN
true
Common Walls
2+ Common Walls

Location

Listing Courtesy of Justin White, Justin White, DRE #01267826
Add your commute
LISTING UPDATED: 05/25/2024 02:41 PM

Property Details for 1122 Stanley Avenue

StatusActive
MLS #PW24100519
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1963
Lot Size0.15 AC / 6,523 SF
CountyLos Angeles County

Location

Listing Courtesy of Justin White, Justin White, DRE #01267826
Add your commute

Building Information for 1122 Stanley Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,523 SF

Payment Calculator

$17,895 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,645

Property Taxes

$1,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1122 Stanley Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $233,290
  • Gross Scheduled Income: $233,220
  • Net Operating Income: $142,180
Expense Details
  • Operating Expense: $79,379
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $6,000
  • Water Sewer Expense: $0
  • Total Expenses: $79,379
Tax / Assessment Info
  • Tax Tract Number: -
  • Tax Lot: -
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Walkstreet
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,580
  • Unit Type Total Rent: $2,580
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,405
  • Unit Type Total Rent: $1,405
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,945
  • Unit Type Total Rent: $1,945
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,780
  • Unit Type Total Rent: $1,780
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,045
  • Unit Type Total Rent: $2,045
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,070
  • Unit Type Total Rent: $2,070
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,820
  • Unit Type Total Rent: $1,820
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,140
  • Unit Type Total Rent: $2,140
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10

Property History for 1122 Stanley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1122 Stanley Avenue

Taxable ValueLand$241,452Additions$810,915Total$1,052,367
Tax Record2023$15,001 ($1,250 / month)
Home Facts
Total Finished SqFt7,582 SqFtAbove Grade Finished SqFt7,582 SqFtLot Size6,523 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLBR2NCountyLOS ANGELESAPN7260-029-015

Schools near 1122 Stanley Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1122 Stanley Avenue is a mixed use property for sale in Long Beach, CA 90804. This property was listed for sale on May 15, 2024 by Justin White, it's currently listed at $3,050,000. This listing's school district is Long Beach Unified School District. Nearby schools include Willard Elementary School, Jefferson Leadership Academies School and Wilson High School. 1122 Stanley Avenue is a 17-bed, 11-bath, 7,582 sqft mixed use property built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Justin White, Justin White, DRE #01267826

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.