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784 Stanley Avenue

Long Beach, CA 90804
  • $1,443,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: IV22143110
UPDATED: 78 min ago
$1,443,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Other (Othr)
Type:
Multi-Family
Built:
1978
County:
Los Angeles
Area:
3 - Eastside, Circle Area

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Listing Agent(s): Thomas Campbell of Cogent Pacific, Inc. (562-259-7708)


Description

This well maintained fully rented Tri-Plex with long time tenant's is an EXCELLENT INVESTMENT OPPORTUNITY IN THE HISTORIC ROSE PARK DISTRICT. The Subject property consists of 3 well-maintained two-story townhouse type units with 2br,2bath living room dining room with outside patio. The highlights of the property are rear automatic security gate to 5 single car garages one for each tenant two rented for additional income, upgraded kitchens, separate laundry room with new coin operated washer and dryer Each unit has individual water heaters, gas fireplaces and newer appliances.This Property is centrally located to shopping, beach, downtown Long Beach, the aquarium, Queen Mary, 2nd street in Belmont Shore, and Cal state Long Beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131128628
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784 Stanley Avenue Long Beach, CA 90804

  • Price: $1,443,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 78 min ago
  • ID#: IV22143110
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1978
Built
Neighborhood:
Other (Othr)
County:
Los Angeles
Area:
3 - Eastside, Circle Area
Property Description
This well maintained fully rented Tri-Plex with long time tenant's is an EXCELLENT INVESTMENT OPPORTUNITY IN THE HISTORIC ROSE PARK DISTRICT. The Subject property consists of 3 well-maintained two-story townhouse type units with 2br,2bath living room dining room with outside patio. The highlights of the property are rear automatic security gate to 5 single car garages one for each tenant two rented for additional income, upgraded kitchens, separate laundry room with new coin operated washer and dryer Each unit has individual water heaters, gas fireplaces and newer appliances.This Property is centrally located to shopping, beach, downtown Long Beach, the aquarium, Queen Mary, 2nd street in Belmont Shore, and Cal state Long Beach.
Exterior Features

Construction Materials Stucco Fencing VinylWoodWrought Iron Lot Features Landscaped Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Appliances Built-In RangeDishwasherGas Range Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Interior Features BalconyGranite CountersHigh CeilingsAll Bedrooms Up

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.4 Common Interest None Community Features Street LightsSidewalks Contingency Seller Will Cooperate With 1031 Exchange Electric Electricity - On Property Garage YN Yes Gross Income 72000 Gross Scheduled Income 72000 Insurance Expense 1700 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange Net Operating Income 49262 New Construction YN No New Taxes Expense 18038 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 22783 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 5771 Trash Expense 1500 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance Rate 2 Water Sewer Expense 1500 Water Source Public Zoning Lbr2n



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Thomas Campbell of Cogent Pacific, Inc. (562-259-7708)