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(310)918-5027
Real Estate Company
1740 N Stanton Place, Long Beach, CA 90804
- $3,450,000
- Sold Price
- $3,450,000
- List Price
- $3,550,000
- Closing Date
- Mar 18, 2024
- Status
- CLOSED
- MLS#
- SB24004120
- Year Built
- 1987
- Lot Size
- 8,170
- Acres
- 0.19
- Lot Location
- Street Level
- Days on Market
- 16
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
1740 North Stanton Place is a ten unit, 1980's construction property featuring all Two Bed / Two Bath units with surface-level garage parking and onsite laundry facilities (leased). The units themselves have open-concept living rooms with high ceilings as well as private balconies. Units are all individually metered for gas and electricity. The building is located at the end of a quiet street with access to a small community park, and is in close proximity to many local eateries, shops, and more. With a great walk score of 82, tenants can accomplish most errands on foot! Long Beach has been generating significant, renewed investment interest over the past several years, and this bread-and-butter multifamily investment offers astute Buyers the opportunity to either start or build their porfolio
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 18
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $260,194
- Operating Expense
- 83198
Listing courtesy of Listing Agent: Josh Cohen (josh@cohengroupla.com) from Listing Office: Keller Williams Beach Cities.
Listing sold by Shawn Mehrannia from Home Team Realty
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.