664 Stanley Avenue

Long Beach, CA 90814

$1,500,000
Price
8
Beds
5
Baths
3,228 Sq. Ft.
$465 / Sq. Ft.
3,228
Sq. Ft.
$465
per Sq. Ft.

Description

Discover an outstanding investment opportunity with this renovated triplex, meticulously updated and permitted for years of worry-free maintenance. Live in one unit while renting the others, or lease all three for maximum return. The front unit boasts 1,115 sqft with 3 bedrooms and 1.5 baths, complete with central A/C and a private laundry area. The rear lower unit features 712 sqft with 2 bedrooms and 1 bath, while the spacious second-floor unit offers 1,434 sqft with 3 bedrooms and 2 baths, both...Discover an outstanding investment opportunity with this renovated triplex, meticulously updated and permitted for years of worry-free maintenance. Live in one unit while renting the others, or lease all three for maximum return. The front unit boasts 1,115 sqft with 3 bedrooms and 1.5 baths, complete with central A/C and a private laundry area. The rear lower unit features 712 sqft with 2 bedrooms and 1 bath, while the spacious second-floor unit offers 1,434 sqft with 3 bedrooms and 2 baths, both equipped with new wall unit A/C. Shared laundry facilities serve the rear units, and extensive renovations include dual-pane windows, copper plumbing, stylish new flooring, modern bathrooms, updated kitchens with stainless steel appliances, new electrical fixtures, LED recessed lighting, and a four-car enclosed garage.
  1. Listed by Teresa Gorman • DRE #00969257 • Brokerage DRE #01527321 • Fiduciary Real Estate Services • 949-436-3105
  2. Listed by Logan Martinez • DRE #01960924 • Brokerage DRE #01527321 • Fiduciary Real Estate Services

Property Details for 664 Stanley Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3228
Assessor Parcel Number
7262-030-007
Property Attached YN
false
LISTING UPDATED: 12/16/2024 11:57 AM

Property Details for 664 Stanley Avenue

StatusActive
MLS #OC24225211
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.15 AC / 6,749 SF
CountyLos Angeles County

Building Information for 664 Stanley Avenue

Stories2Residences-Year Built1947Building Size-Lot Size0.15 AC / 6,749 SF

Property Information for 664 Stanley Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,240
  • Gross Scheduled Income: $107,280
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $91,581
Expense Details
  • Operating Expense: $10,335
  • Fuel Expense: $0
  • Insurance Expense: $2,340
  • Maintenance Expense: $4,931
  • Other Expense: $3,064
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $10,335
Tax / Assessment Info
  • Tax Tract Number: 576...
  • Tax Census Tract: 5768.01
  • CFD/Mello-Roos Fee: $625
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $3,420
  • Unit Type Pro Forma: 3420
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,420
  • Unit Type Total Rent: $3,420
  • Unit Type Pro Forma: 3420
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 664 Stanley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 664 Stanley Avenue

Taxable ValueLand$750,540Additions$536,099Total$1,286,639
Tax Record2024$16,592 ($1,383 / month)
Home Facts
Total Finished SqFt3,228 SqFtAbove Grade Finished SqFt3,228 SqFtStories1Lot Size6,749 SqFtStyleDuplexYear Built1947ZoningLBR3SCountyLOS ANGELESAPN7262-030-007

Schools near 664 Stanley Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Burbank Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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664 Stanley Avenue is a multi-family home for sale in Long Beach, CA 90814. This property was listed for sale on October 29, 2024 by Fiduciary Real Estate Services, it's currently listed at $1,500,000. It has been on the market for a total of 47 days and was last sold on February 21, 2020. This listing's school district is Long Beach Unified School District. Nearby schools include Burbank Elementary School, Jefferson Leadership Academies School and Wilson High School. 664 Stanley Avenue is a 8-bed, 5-bath, 3,228 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fiduciary Real Estate Services, Teresa Gorman, DRE #00969257; Fiduciary Real Estate Services, Logan Martinez, DRE #01960924

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.