Listing Broker: eXp Realty of California, Inc
Listing Agent: Edward Kaminsky
DRE #01954054: 00958114
310-427-2414
Colisting Agent: Christina Kaminsky
DRE #01954054: 01828048
Investor opportunity in Long Beach’s Eastside/Rose Park area: 1033 Stanley Ave is a four-unit multifamily property with over $75K in upgrades including a new roof and 3 new water heaters. With a CAP Rate of almost 5% offering a practical unit mix of one 2-bedroom/2-bath unit and three 1-bedroom/1-bath units. Each unit has its own private garage, providing a meaningful parking amenity in a dense coastal market.
The property sits on an approximately 6,520 SF lot with roughly 2,588 SF of gross building area. The four-unit configuration provides diversified rental income across multiple unit types, while the 2-bedroom unit offers additional appeal to tenants needing more space. The open space in between the 2 buildings and 5 garages create potential for expansion or ADU's (buyer to verify).
The location has a walk score of 90 and puts tenants close to the amenities that drive rental demand, including local restaurants, coffee shops, shopping and everyday services, with convenient access to major Long Beach corridors and regional transportation. Downtown Long Beach, the waterfront, Shoreline Village, Long Beach Convention & Entertainment Center and the area's employment centers are all within a short drive.
This is a chance to add a stabilized fourplex to your portfolio with income in place and upside to explore. Bring your numbers, run your projections, and take a closer look.
| Listing Id: | SB26217953 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.1497 |
| Waterfront?: | No |
| Subdivision: | Eastside (Es) |
| Year Built: | 1923 |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | NoCommonWalls |
| Cooling: | None |
| Entry Level: | 1 |
| Fuel Expense: | 0.0 |
| Garage?: | Yes |
| Gross Scheduled Income: | $88,800 |
| Heating: | WallFurnace |
| Levels: | One |
| Licenses Expense: | $300 |
| Listing Contract Date: | 2026-09-30 |
| Lot Features: | BackYard, FrontYard, Garden, Lawn, Landscaped, Yard |
| Lot Size Area: | 6520.0 |
| Lot Size Source: | Assessor |
| Maintenance Expense: | $12,098 |
| Net Operating Income: | $61,756 |
| Number Of Separate Electric Meters: | 5 |
| Number Of Separate Water Meters: | 1 |
| Number Of Units Leased: | 4 |
| Parking Features: | Assigned, Garage |
| Pest Control Expense: | $1,782 |
| Spa Features: | None |
| State Or Province: | CA |
| Stories: | 1 |
| Tenant Pays: | Electricity |
| Total Actual Rent: | $88,800 |
| Utilities: | SewerConnected, WaterConnected |
| Water Source: | Public |
| Zoning: | LBR2N |
| Property Sub Type Additional: | Quadruplex |
| Country Subdivision: | 06037 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:7262004017 |
| List Price: | $1,249,000 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| Lot Size Square Feet: | 6,520.0 |
| City: | Long Beach |
| County Or Parish: | Los Angeles |
| Postal Code: | 90804 |
| Number Of Units Total: | 4 |
| Building Area Total: | 2588.0 |
| Common Interest: | None |
| Community Features: | Curbs, Sidewalks |
| Directions: | North of 10th St, South of Anaheim St, East of Cherry Ave |
| Elevation Units: | Feet |
| Entry Location: | 1 |
| Garage Spaces: | 4.0 |
| Gardener Expense: | $3,628 |
| Gross Income: | $88,800 |
| Heating?: | Yes |
| Insurance Expense: | $2,753 |
| Laundry Features: | None |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, CashToNewLoan, Conventional, Contract |
| Lot Size Acres: | 0.1497 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 3 - Eastside, Circle Area |
| Number Of Buildings: | 1 |
| Number Of Separate Gas Meters: | 5 |
| Operating Expense: | $27,044 |
| Original List Price: | $1,249,000 |
| Other Expense: | $60 |
| Parcel Number: | 7262004017 |
| Parking Total: | 4 |
| Pool Features: | None |
| Postal City: | LONG BEACH |
| Professional Management Expense: | $4,401 |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Supplies Expense: | $192 |
| Water Sewer Expense: | $1,828 |
| Year Built Source: | Assessor |
| Current Price: | $1,249,000.00 |
| Record Signature: | -41,810,941 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 09, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 09, 2026 01:09 AM - PT
Property Last Updated: October 09, 2026 01:09 AM - PT
