# 1148 Stanley Ave, Long Beach, CA 90804

> **TL;DR:** 16bd/16ba residential multi family, $2,295,000 ($368/sqft), built 1986, 6,240 sqft. Est. $9,945/mo. Listed 34 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,295,000 |
| Price/sqft | $368 |
| Bedrooms | 16 |
| Bathrooms | 2 full |
| Square Feet | 6,240 |
| Year Built | 1986 |
| Lot Size | 6,625 sqft (0.15 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 34 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,945 |
| **Total** | **$9,945** |

## Property Highlights

- Built in 1986
- 0.15 acre lot
- 12 parking spaces

## Description

### Agent Description
PRICED TO SELL - 10X GRM AND 6.5% CAP AT MARKET RENTS for 1980's construction in Long Beach. Earn over a 8% Cash on Cash Return. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Built in 1987 the property is professionally managed and well maintained. Building was recently painted as well. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. This property is perfect for someone looking for a low management asset. It also has approx. 14% rental upside to a 10 GRM and 6.7% CAP at market rents. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Plumbing is copper (Buyer to verify). Qualified Buyers can obtain a 5 year loan fixed at 5.05%, Interest Only. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. And the city just approved a $38MM update of the Long Beach airport for the upcoming 2028 Olympics.

## Location

- **Address:** 1148 Stanley Ave, Long Beach, CA 90804
- **County:** Los Angeles
- **Coordinates:** 33.781959, -118.16191
- **Google Maps:** https://www.google.com/maps?q=33.781959,-118.16191

## Listing Agent

- **Name:** Jonathan Swire
- **Brokerage:** The Agency
- **Phone:** 3109482631
- **Email:** jon@jonswire.com

## Primary Photo

![1148 Stanley Ave - Primary Photo](http://lh.rdcpix.com/8ba794cee4569451009e146f69122456l-f2699984551r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/1148-stanley-ave-long-beach-ca-90804-26825273)*

---

**MLS#:** 26825273 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1148-stanley-ave-long-beach-ca-90804-26825273)

---

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