1335 Stanley Ave, Long Beach, CA 90804 - View 1
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1335 Stanley Ave, Long Beach, CA 90804

List Price: $2,039,000On Market FlagOn market
Jan 16, 20256,810 sqft18 beds10 baths
Listed by: Jonathan Swire
License #: 01336277
Phone #: 310-948-2631
The Agency
Source:
CRMLS Logo
MLS #: 25484309

Property Description

PRICE REDUCED TO SELL - SELLER IS MOTIVATED. 10.3 GRM AND 6.5% CAP on in place rents, with upside to a 9.3 GRM and a 7.7% CAP. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. And only $299/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,517

TurboHome Estimated Value

$2,003,400

$294 sqft

High Valuation
$2,103,570
$309/sqft
Normal Valuation
$2,003,400
$294/sqft
Low Valuation
$1,903,230
$279/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$294/sqft$2,003,400

Neighborhood: Circle Area

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Comparative Value

$2.04M

$2.55M

1335 Stanley Ave, Long Beach, CA 90804

List Price: $2,039,000

Subject Property

1470 Elm Ave, Long Beach, CA 90813

Sale Price: $2,549,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1335 Stanley Ave, Long Beach, CA 90804

1335 Stanley Ave, Long Beach, CA 90804

List: $2,039,000

Listed: 1/16/2025

Area:6,810 sqft
Price/sqft:$299
Beds:18
Baths:10
Year Built:
Lot Size:6,423

Comparable Properties

COMPARABLE
Choose comps
1470 Elm Ave, Long Beach, CA 90813

1470 Elm Ave, Long Beach, CA 90813

Sale: $2,549,000

4/25/20251.45 mi

Area:6,678 sqft
Price/sqft:$382
Beds:19
Baths:10
Year Built:
Weight:100.0%

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