$1,249,000
MLS: SB26217953
Beds
—
Baths
—
Sq Ft
2,588
Lot
0.15 ac
Year Built
1923
MLS #
SB26217953
Days on Market
8
Listed
Oct 8, 2026
Description
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.
Location
Long Beach, Los Angeles County, CA 90804
Open on Google Maps ↗Listed by: Edward Kaminsky · eXp Realty of California, Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,852
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,783
- Property tax (1.25%)
- $1,301
- Homeowners insurance
- $300
- Mortgage insurance
- $468
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $43,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Long Beach, CA 90804 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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