1043 Stanley Avenue, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 0 bath
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1043 Stanley Avenue
Long Beach, California 90804
ACTIVE
CONDITION: GOOD
0Beds
0Baths
5,222Sq Ft
6,524Lot Size
Property Price
LIST PRICE$1,575,000
EST. MARKET VALUE
$1,700,000
7% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,700,000—positioned well below the $1,909,411 Fair Market Value by 10%. This valuation gap offers $209,411 in Instant Equity. Featuring a Condition Rating of 3, the property generates $136,020 in annual rents with 5 Garages and ADU potential. While the unpermitted unit division requires compliance, the strong cash flow and proximity to Top-Rated Schools like Fremont Elementary make this an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers.
Estimated Market Value
$1,700,000+$125,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1043 Stanley Avenue Subject | $1,575,000* List Price | 0 | 0 | 5,222 | $326 | - |
A 1717 Temple Avenue Sold | $1,850,000 | 9 | 9 | 4,746 | $390 | 0.6 mi |
B 1717 Temple Avenue Sold | $1,850,000 | 0 | 0 | 4,746 | $390 | 0.6 mi |
C 1123 Ohio Sold | $1,420,000 | 0 | 0 | 3,720 | $382 | 0.2 mi |
D 1120 Raymond Avenue Active | $1,299,000 List Price | 0 | 0 | 3,720 | $349 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1929, the property has undergone significant interior renovations. Images show modern shaker-style kitchen cabinetry, stone countertops, and updated laminate flooring. The property is well-maintained and move-in ready; however, the presence of older wall heaters and the mention of unpermitted unit divisions prevent an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fremont Elementary School (9/10).
- High Immediate Cash Flow
The property generates a robust annual gross income of $136,020 with 100% occupancy, providing investors with an exceptional immediate yield and a proven rental history.
- Significant Value-Add Potential
The lot offers substantial upside through ADU potential under current California and Long Beach regulations, allowing for increased density and long-term equity growth.
CONSRISKS & DEFICIENCIES
- Unpermitted Unit Conversions
The division of a 6-bedroom unit into two 2-bedroom units was performed without permits, creating significant legal liability and potential costs for code compliance or restoration.
- Financing and Appraisal Hurdles
The discrepancy between the tax records (4 units) and the actual configuration complicates traditional financing and may lead to appraisal issues regarding the property's legal use and valuation.
About 1043 Stanley Avenue
Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1929
- Lot Size
- 6,524 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Willard Elementary School
Grades K-5 • 0.4 mi
5/10
Burbank Elementary School
Grades K-5 • 0.5 mi
6/10
Lee Elementary School
Grades K-5 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 5,222 | 2,300.724 |
| Lot Size | 6,524 | 5,277.379 |
| Price | $1.57M | $1.24M |
| Price per sq ft | $302 | $513 |
| Built year | 1929 | 1949 |
| HOA | $0 | $0 |
| Days on market | 42 | 74 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,575,000
$1,700,000
-7% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$1,700,000
Initial Listing
Sold
Apr 18, 2013
$865,000
Public Record
Sold
Oct 3, 2005
$992,000
Public Record
Sold
Jun 25, 1998
$342,000
Public Record
Sold
Feb 6, 1998
$195,000
Public Record