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1332 STANLEY Ave, Long Beach, CA 90804
Listing courtesy of: Valerie Clark, Real Estate Management Systems
Under Contract (MLS-listed)
Listed at: $499,900

1332 STANLEY Ave Long Beach, CA 90804

Beds: 2
Baths: 1
Sq. Ft.: 3,440
$/Sq. Ft.: $145
Lot Size: 6,098 Sq. Ft.
Property Type:Multi-Family
Style:Spanish
Year Built: 1923
Community: Eastside/Circle Area
County: Los Angeles
MLS#: S588598
Source: SoCalMLS
Status: Backup Offers Accepted This listing is under contract, but the sellers are looking for additional offers in case the current offer falls through.
On Redfin: 75 days
Priced to SELL!!! Pure bread & Butter. This is a fabulous, cash-flowing, multi-unit property. Four large, 2 Bedrooms, 1 bath each, with living room! Individually Metered for Gas and Electric. Up-Side in Rents (market rent = $1200). Brand new landscaping. All units have stackable washer/dryer hook ups. Five detached garages. Check out the building size of 3440 sq. ft. on a 6094 sq. ft. lot!

Utility Information

  • District/Public Water

Community Features

  • Units in Complex (Total): 4

Lot Information

  • Lot Size (Sq. Ft.): 6,098
  • Lot Size Source: Public Records

Financial Information

  • Capitalization Rate (%): 8.64
  • Net Operating Income: $43,200
  • Monthly Gross Income: $4,000
  • Actual Gross Annual Income: $43,920
  • Gross Scheduled Income: $57,600
  • Actual Annual Gross Rent: $48,000
  • Gross Rent Multiplier: 8.68
  • No Private Transfer Taxes

Parking Information

  • # of Parking Spaces (Total): 5

Multi-Family Information

  • # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1

Location Information

  • Cross Streets: Anaheim / Junipero
  • Driving Directions: Anaheim
  • Tax Area: 11933
  • Legal Lot #: 67

Expense Information

  • Gardener: $25
  • Insurance: $83
  • Gas: $30
  • Operating: $14,400
  • Operating (%): 25
  • Tax: $5,200
  • Trash: $35
  • Water: $250

Building Information

  • Ground Level Entry (No Steps)
  • Stucco Exterior
  • Builders Tract Name: other
  • Builders Tract Code: OTHR

Unit 1 Information

  • Number: 4
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,000
  • Monthly Rent (Total): $4,000

Property Information

  • Land Lease Type: Fee
  • Square Footage Source: Public Records
  • Tax Parcel Number: 7260024016

Listing Information

  • MLS: SoCalMLS
  • Listing Terms: Cash To New Loan
  • Buyer Financing: All Inclusive Trust Deed (AITD)

Listing last changed

October 5, 2009, 1:17 PM

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Property History for 1332 STANLEY Ave

Date Event Price Appreciation Source
Sep 09, 2009 Sold (Public Records) $419,000 >1,000%/yr Public Records
Sep 08, 2009 Listed $499,900 -- SoCalMLS #S588598
Aug 26, 2009 Sold (Public Records) $340,000 -24.8%/yr Public Records
Mar 30, 2006 Sold (Public Records) $900,000 17.7%/yr Public Records
Jul 09, 2003 Sold (Public Records) $577,000 110.4%/yr Public Records
Nov 19, 2002 Sold (Public Records) $360,000 -- Public Records

NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.

Public Facts for 1332 STANLEY Ave

Beds: 8
Baths: 4.0
Finished Sqft: 3440
Unfinished Sqft: -
Total Sqft: 3440
Floors: -
Lot Size: 6,098
Style: Multi-Family (2-4 Unit)
Year Built: 1923
Year Renovated: -
County: Los Angeles County
APN: 7260024016
Last Updated: November 19, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $583,664
Additions $371,422
Total $955,086
Tax (2009) $10,443

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