10 days on rocket

1600 Stanley Ave, Long Beach, CA, 90804

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1600 Stanley Ave, Long Beach$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1971
MLS #SB24082999
Lot Size0.15 Acres
StatusActive

About 1600 Stanley Ave

We are pleased to present this great Value Add opportunity located at 1600 Stanley Ave in Long Beach. This 4 unit apartment building consists of (4) 2-Bedroom, 1-Bathroom townhome style units that are roughly 900 sqft for each. Built in 1971, there is a total of 3,584 sqft of livable space, situated on a large 6,610 sqft lot. Tenants pay their own electricity and gas, which are separately metered for each unit. property has a back parking lot that offers 6 parking spots as well as tandem parking spaces. All units are long term tenants that are month to month. Possibility to build (2) detach ADU 1,200 Sqft each on this property – Buyer to verify. With over 100% in rental income upside, this is a perfect opportunity for a value-add investor.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 447-2213
  • Listing Agent: John Stiegler II

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Take the 405 S toward Long Beach. Turn left onto E Pacific Coast Highway. Turn left onto Stanley Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $6,838
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$790.3K

Med. Price/SqFt

$616

Avg. Days On Market

27

# of Sold Homes

179

1600 Stanley Ave vs Long Beach

10 DAYS ON ROCKET

-17 Days

$950,000

+$159.6K More

KEY TAKEAWAY

This property is $159.6K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24082999

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 447-2213
  • Listing Agent: John Stiegler II

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 27, 1988Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,838$502,745
2020$6,741$497,590
2019$6,470$487,834
2018$6,403$478,269
2017$6,403$468,892

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7266371
5
/10

  • Lee Elementary School

  • 1620 Temple Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-7266372
4
/10

  • Willard Elementary School

  • 1055 Freeman Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-7266373
2
/10

  • Whittier Elementary School

  • 1761 Walnut Ave

  • 0.62 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,119. Most Long Beach, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90804›1600 Stanley Ave

This home is located at 1600 Stanley Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. This home, which was built in 1971, sits on a 0.15 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $950,000.

In April 2024 more than 96 listings in Long Beach, CA were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 47 were sold below. Between March 2024 and April 2024, Long Beach, CA real estate market has seen increase in the number of listings by 8%. In April 2024 median list price was $790,334 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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