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776 Stanley Avenue

Long Beach, CA 90804
  • $1,295,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PW23160072
UPDATED: 50 min ago
$1,295,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Alan Gandall of Herdee Properties (949-759-0325)


Description

Why settle for one house when you can relish the luxury of two? Tucked away in the coveted Rose Park Historic District, this property showcases an enchanting Craftsman bungalow at the front, complete with a timeless front porch, lush lawns, and private patios. At the rear, a second bungalow awaits. The front residence boasts stunning hardwood floors, an open and airy floor plan, three spacious bedrooms, a large living area, a dining space, and a well-appointed kitchen. Meanwhile, the second dwelling retains numerous original period features and offers a generously-sized primary bedroom, along with a smaller room perfect for a nursery, a spacious living area, and an adjacent room that could easily transform into an inspiring art studio or efficient home office - a valuable bonus space. Both units come equipped with their own attached laundry room. A long driveway leads to a detached garage and additional storage space. Both Units are Rented to tenants. Front Unit has Month to Month Lease, back unit has a 1 year lease ending May 2024. Units sold in as is condition. This property exudes charm and overflows with potential, should you choose to live in one unit, supplement income with back unit or just collect cash flow. All this within a superb location that offers convenient access to the beach, as well as a variety of shops, restaurants, and coffee shops.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T08:27:27.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143292594
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776 Stanley Avenue Long Beach, CA 90804

  • Price: $1,295,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 50 min ago
  • ID#: PW23160072
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1922
Built
Neighborhood:
Eastside (Es)
County:
Los Angeles
Area:
3 - Eastside, Circle Area
Property Description
Why settle for one house when you can relish the luxury of two? Tucked away in the coveted Rose Park Historic District, this property showcases an enchanting Craftsman bungalow at the front, complete with a timeless front porch, lush lawns, and private patios. At the rear, a second bungalow awaits. The front residence boasts stunning hardwood floors, an open and airy floor plan, three spacious bedrooms, a large living area, a dining space, and a well-appointed kitchen. Meanwhile, the second dwelling retains numerous original period features and offers a generously-sized primary bedroom, along with a smaller room perfect for a nursery, a spacious living area, and an adjacent room that could easily transform into an inspiring art studio or efficient home office - a valuable bonus space. Both units come equipped with their own attached laundry room. A long driveway leads to a detached garage and additional storage space. Both Units are Rented to tenants. Front Unit has Month to Month Lease, back unit has a 1 year lease ending May 2024. Units sold in as is condition. This property exudes charm and overflows with potential, should you choose to live in one unit, supplement income with back unit or just collect cash flow. All this within a superb location that offers convenient access to the beach, as well as a variety of shops, restaurants, and coffee shops.
Exterior Features

Architectural Style BungalowCraftsman Carport Spaces 0 Construction Materials UnknownWood Siding Direction Faces West Entry Level 1 Entry Location Frt Fencing PartialPrivacyVinylWood Foundation Details Raised Lot Features Front YardGardenLawnYard Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features ConcreteDriveway LevelGaragePublicOn Street Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Asbestos ShingleComposition Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features OtherParkingSee Remarks Appliances DisposalGas OvenGas RangeMicrowaveWater Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring TileVinylWood Heating Floor Furnace Heating YN Yes Interior Features Ceiling Fan(S)Open FloorplanRecessed LightingWalk-In Closet(S) Window Features Wood Frames

Property Features

Additional Parcels YN No Common Interest None Community Features BikingParkStreet LightsSidewalks Contingency Please Submit Offers With Pre-Approval Letter From A Direct LenderFico ScoresAnd Pof/Cash /1031 info To Alan@Herdee.Com. Current Financing ConventionalOtherPrivate Disclosures Rent Control Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 66840 Gross Scheduled Income 66840 Insurance Expense 2500 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 65640 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 1200 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvGas Total Actual Rent 5570 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Lbr2n



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T08:27:27.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Alan Gandall of Herdee Properties (949-759-0325)