SoldAug 13, 2021

Listed by Robert Stepp

1148 Stanley Ave, Long Beach, CA, 90804

$2,500,000

6240 sq. ft.
6627 sq. ft.

MultiFam

•

Sold: Aug 13, 2021

What's around 1148 Stanley Ave

About this property

1148 Stanley is an 8-unit property built in 1986, featuring all spacious two-bedroom / two-bath units with large private balconies.Extensive building renovations include a modern new wood entry treatment, new landscaping with automatic drip irrigation and low voltage lighting. The secured garage offers ample parking (12 spaces) and new high-intensity LED lighting. Seven of the eight units have undergone complete remodels which include new flooring, lighting, interior doors and hardware, brand new kitchens and bathrooms and modern fixtures throughout. Immediate increased income opportunities may be realized through RUBS and parking. Pending City approval, enclosed garages and/or an Additional Dwelling Unit (ADU) may provide further additional income in the longer term. Located in the popular Eastside neighborhood, just a 10-minute drive to Downtown Long Beach, the building has a Walk Score of 91, making it extremely desirable for renters. This asset will provide the new owner with 14% potential upside in revenue, including increased income through the newly-instituted RUBS program.

Looking for more information on 1148 Stanley Ave?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldOct 21, 2026
$900,000
1636 North Stanton Place
Long Beach CA 90804
6
3
Multi-Family
Listing courtesy of Keller Williams Realty Downey and Circle Real Estate
SoldOct 1, 2026
$2,100,000
924 Termino Avenue
Long Beach CA 90804
3
2
Multi-Family
Listing courtesy of Morgan Skenderian and SAGE REAL ESTATE
SoldOct 1, 2026
$1,850,000
927 Belmont Avenue
Long Beach CA 90804
3
2
Multi-Family
Listing courtesy of Marcus & Millichap Re Invest and Sage Real Estate Group Inc

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent