1503 N Stanton Place Long Beach, CA $ 2,375,000
1503 N Stanton Place
$ 2,375,000
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1503 N Stanton Place

Long Beach, CA, 90804
$ 2,375,000
Bedrooms20 Baths10.0 Sq 6,710

Monthly Estimate*

$ 16,404

Listed by Taylor Avakian, Lyon Stahl Investment Real Estate, Inc., taylor@lyonstahl.com
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Multi-Family Home for sale in Long Beach, CA

for $2,375,000 with 20 bedrooms and 10 full baths. This 6,710 square foot home was built in 1960 on a lot size of 0.2069.

1503 Stanton Pl | 10-Unit Multifamily, Long Beach. This 1960-built asset totals 6,710 SF across a front and rear building on a 10,736 SF R-2-N lot in Long Beach's Zaferia neighborhood, a short walk from neighborhood shopping and 1.2 miles from Long Beach City College. The property features (10) 2BR/1BA units averaging 671 SF. Eight of 10 units are occupied at an average rent of $2,008 against a $2,095 market rent, and Units 1 and 4 are delivered vacant for the buyer to lease at market. Offered at $2,375,000 ($237,500/unit | $353.95/SF) with a 7.13% cap rate at lease-up, the real story is yield: a cap rate above every comparable sale reporting one, with a 7.48% pro forma reached through natural turnover and no renovation program.

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Multi-Family Active

Price

$ 2,375,000

Bedrooms

20

Full Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2069

Year Built

1960

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

26104747

Days on Market

10

Features
General
Living Area 6710
Heating None
Cooling None
Zoning LBR2N
Year Built 1960
Levels Multi/Split
Gross Income 243060
County Los Angeles
Net Operating Income 169302.1
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions On the corner of Stanton Pl and E 15th St
City Long Beach
Senior Community Y/N false
Number Of Units Total 10
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 9011
Standard Status Active
Cap Rate 7.13
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 20
Total Baths 10
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Exterior
Parking Features Driveway Down Slope From Street
Total Parking 0
Lot Size Area 9011
Number of Buildings 2
Building Area Total 6710
Lot Size Acres 0.2069
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* Excluded Features
List By
Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Email

Affordability Calculator

$16,404
Per Month
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Monthly Principal & Interest
$16,404
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$2,375,000 Listed Price

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1503 N Stanton Place, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,375,000 with 6,710 sqft and a lot size of 0.2069. 1503 N Stanton Place has 20 bedrooms, 10.0 baths, and was built in 1960. The property's zip code is 90804 which is in Long Beach, CA