1341 Stanley Avenue, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 0 bath
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Long Beach, California 90804
This Quadruplex Residential Income property represents a High-Potential Investment Opportunity, listed at $1,225,000—positioned well below the $1,268,933 Fair Market Value by 3%. This valuation gap offers $43,933 in Instant Equity. With a Condition Rating of 3, the asset features a 2024 roof, updated plumbing, and a rebuilt deck. The property provides a turnkey, fully occupied income stream with separate utility metering and 8 total parking spaces. This is an ideal acquisition for Buy-and-Hold Investors or first-time investment seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 Stanley Avenue Subject | $1,225,000* List Price | 0 | 0 | 2,456 | $517 | - |
A 1058 Dawson Sold | $930,000 | 0 | 0 | 2,119 | $439 | 0.3 mi |
B 1056 Junipero Sold | $1,050,000 | 0 | 0 | 2,130 | $493 | 0.2 mi |
C 1425 Park Sold | $1,100,000 | 6 | 4 | 2,680 | $410 | 0.7 mi |
D 926 928 Newport Sold | $1,085,000 | 0 | 0 | 2,193 | $495 | 0.7 mi |
E 1073 Orizaba Avenue Sold | $1,115,000 | 0 | 0 | 2,044 | $545 | 0.4 mi |
F 1416 Temple 2 Sold | $930,000 | 0 | 0 | 1,692 | $550 | 0.2 mi |
G 1140 Orizaba Avenue Active | $1,160,000 List Price | 0 | 0 | 2,381 | $487 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1959 but features significant recent capital improvements including a brand-new roof (2024), new windows, and updated plumbing/water heaters. Interior photos show well-maintained hardwood floors and clean finishes, indicating the property is functional and move-in ready for tenants.
Elementary School: Fremont Elementary School (9/10).
The property features 4 private covered garages plus 4 additional parking spots, a rare and highly valuable asset in the high-density Long Beach rental market that significantly enhances tenant desirability.
With over $70,000 in recent upgrades—including a new 2024 roof, new windows, and updated plumbing—the property offers a turnkey investment with reduced immediate capital expenditure requirements.
Originally constructed in 1959, the property may require ongoing maintenance for aging systems not addressed in recent renovations compared to newer residential income assets.
The property lacks a cooling system and offers no scenic views, which may limit the ability to command top-of-market rents compared to modernized or luxury-tier units in the area.
Four units. Strong rental income. Big-ticket upgrades already completed on this fully occupied 4-unit investment opportunity at 1341 Stanley Ave in Long Beach. The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity. There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,456 | 1,977.5 | 73% |
| Lot Size | 6,431 | 6,133.5 | 55% |
| Price | $1.23M | $980.0K | 77% |
| Price per sq ft | $499 | $536 | 45% |
| Built year | 1959 | 1936 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 154 | 5% |
May 15, 2026
$1,225,000
Initial Listing
Apr 1, 2024
$1,050,000
Public Record
Mar 7, 2012
$335,000
Public Record
Jul 1, 2005
$735,000
Public Record
Jan 8, 2003
$440,000
Public Record
Nov 29, 2001
$196,000
Public Record