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Listed by: Robert Stepp (310) 774-3740 DRE #01456379 | Keller Williams Realty Downey (562) 334-1500
$900,000
6 Beds
- 3 Baths
2,392sqft
1636 N Stanton, Long Beach, CA 90804
$900,000
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Triplex
Built in 1912
$-- HOA
4,261 sqft lot
$376/sq.ft
Description
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
2,392 sqft
Lot Size
4,261 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26179995
MLS Status
Active
Days on Market
7
Cumulative Days on Market
1
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