Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $9,000/mo
- Units
- 4
- Price per unit
- $299,750
- Est. annual NOI
- $54,000
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $102,600
- Operating expenses
- $51,300
- Net operating income
- $51,300
- Annual debt service
- $71,793
- Annual cash flow
- -$20,493
- Cash on cash return
- -6.8%
- Down payment
- $299,750
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,456 sqft
- Lot size
- 6,431 sqft
- Year built
- 1959
- Stories
- 2
- Garage spaces
- 4
- Style
- Victorian
- Heating
- See Remarks
- Cooling
- See Remarks
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 8
- MLS #
- 247952519
About this property
Four units. Strong rental income. Big-ticket upgrades already completed on this 4-unit investment opportunity at 1341 Stanley Ave in Long Beach. The investment comprises of TWO spacious 2-bedroom/1-bath units and TWO 1-bedroom/1-bath units. One unit currently vacant and freshly remodeled. There are two separate structures totaling 2,456 square feet on a 6,431 square-foot lot. The investment has been well maintained and has seen over $70,000 in recent improvements—including but not limited to: a brand-new roof completed in 2024 on both structures (with a warranty), a rebuilt deck with fresh stucco and waterproofing, replaced portions of underground piping, interior updates, new windows, and two of four units have new high-end "Bradford White" water heaters. Each unit is separately metered for gas and electricity. There’s on-site laundry for added convenience, plus 4 private covered garages and 4 additional parking spots - a rarity in Long Beach. 1341 Stanley is an attractive investment opportunity for both experienced or first time investment seekers alike.
Location
1341 Stanley Avenue
Long Beach, Los Angeles, CA, 90804