1636 N Stanton, Long Beach, CA 90804

$900,000

$900,000

Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

4,261 Sqft Lot


SOLD DATE : 10/21/2026

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID PW26179995

Sold Date 10/21/26

Bedrooms 6

Lot Size 4,261 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Off Cherry Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7260013014

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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MLS Router / San Diego MLS
Listed by Robert Stepp, DRE#01456379 Keller Williams Realty Downey 
Bought with Lucille Taing-Cheam Circle Real Estate
Nearby Locations

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Keegan Wetzel
Keegan Wetzel

Founder | Naval Academy | OIF Veteran License ID: 02153342

+1(708) 256-7904

7734 Herschel Ave, La Jolla, CA 92037, USA

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