1144 Stanley Avenue, Long Beach, California 90804, Long Beach, 90804 - bed, bath

1144 Stanley Avenue
Long Beach, California 90804
Property Price
SUMMARY
Analysis of 1144 Stanley Avenue, Long Beach, California 90804 is currently available with a list price of $2,045,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1972, the property was fully remodeled in 2024, making all components virtually new. The description highlights modern features such as quartz countertops, modern cabinetry, new appliances, vinyl flooring, recessed lighting, and A/C & heating. Images confirm a fresh, contemporary aesthetic in the living areas, bedrooms, and kitchen, with no signs of wear or outdated elements. The recent, extensive renovation places this property firmly in the 'Excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey & Modern Condition
Fully remodeled in 2024 with modern finishes, new appliances, A/C & heating, and washer/dryer hookups, making it highly attractive to tenants and minimizing immediate capital expenditures for an investor.
- Strong Investment Performance
Presents a high-performing investment with a strong current Cap Rate of 5.30% and a pro forma potential of 5.70%, indicating robust cash flow and long-term upside.
- Low Operating Expenses for Owner
The property is separately metered for gas and electricity, with tenants responsible for all utilities, significantly reducing landlord operating expenses and simplifying management.
CONSRISKS & DEFICIENCIES
- Age of Original Construction
Despite a comprehensive 2024 remodel, the property was originally built in 1972, meaning the underlying structure and potentially some core systems (e.g., foundation, main plumbing lines, roof) are over 50 years old, which could lead to unforeseen maintenance issues.
- Recent Price Reduction
The property has already undergone a price reduction from its original list price of $2.095M to $2.045M, which might suggest initial overpricing or a slower market absorption than anticipated.
- Limited Unit Layout Diversity
All four units are identical in layout (3 bedrooms / 2 bathrooms, approx. 1,150 sqft), which, while simplifying management, could limit the appeal to a broader range of tenants or future buyers seeking varied unit sizes.
About 1144 Stanley Avenue
An Incredibly Rare Offering in the City of Long Beach — Fully remodeled in 2024, this 4-unit townhouse-style property presents a high-performing investment with 8 Total on-site Parking Spaces (2 spaces for Each Unit), 300 sqft private backyard for Each Unit, and a strong current Cap Rate of 5.30%, with pro forma potential of 5.70%. All 4-units are identical in layout and finishes, each offering: 3 Bedrooms / 2 Bathrooms, Approx. 1,150 sqft of living space, A/C & heating, washer/dryer hookups, quartz countertops, modern cabinetry, vinyl flooring, recessed lighting, new appliances. The property is separately metered for gas and electricity, with tenants responsible for all utilities, ensuring low operating expenses and ease of management. Located in a highly desirable Long Beach neighborhood, each unit has been thoughtfully designed for modern living and long-term durability—making this an ideal turnkey investment. Perfect for investors seeking immediate cash flow and strong long-term upside. Don’t miss this rare, high-performing asset in the heart of Long Beach.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 6,617 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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
Lee Elementary School
Grades K-5 • 0.4 mi
Burbank Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 33% |
| Baths | - | 3.0 | 33% |
| Square foot | 4,600 | 2,496 | 67% |
| Lot Size | 6,617 | 15,208 | 33% |
| Price | $2.04M | $1.14M | 67% |
| Price per sq ft | $445 | $457 | 33% |
| Built year | 1972 | 2006 | 33% |
| HOA | $0 | $201 | 33% |
| Days on market | 324 | 261 | 0% |
Pricing History
Listed for Sale
Aug 14, 2025
$2,045,000
Initial Listing
Price Change
Apr 16, 2025
$2,095,000
Initial Listing
Sold
Jul 3, 2024
$1,300,000
Public Record



















































