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1341 Stanley Avenue presents an exceptional opportunity to acquire a well-maintained four-unit property in the heart of Long Beach. The building encompasses approximately 2,456 square feet on a 6,431-square-foot lot and features (2) 2-bedroom/1-bath units and (2) 1-bedroom/1-bath units, all occupied by reliable tenants with a history of on-time rent payments. The property has benefited from over $70,000 in recent upgrades, including new warrantied roofs on all structures (2024), a newly redone deck with stucco and waterproofing, and replaced some underground piping. Select units feature upgraded interiors, new high-end Bradford White water heaters, and new windows. Additional highlights include four private covered garages, on-site laundry, and separately metered utilities for gas and electricity. This desirable investment offers strong in-place income and is eligible for 30-year residential financing. With no local rent control and subject to AB 1482, annual rent increases of 5% + CPI (currently 8%) are permitted, making it an excellent opportunity for investors seeking a stable asset in a prime Long Beach location.
| DAYS ON MARKET | 82 | LAST UPDATED | 2/9/2026 |
|---|---|---|---|
| YEAR BUILT | 1959 | COMMUNITY | 3 - Eastside, Circle Area |
| GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Feb 9, '26 | $1,297,000 |
|---|---|
| Feb 9, '26 - Today | $1,272,000 |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 3 - Eastside, Circle Area |
| GARAGE | Yes |
| HEAT | See Remarks |
| LOT | 6429 sq ft |
| LOT DIMENSIONS | 6431 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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