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

Long Beach, CA, 90804
$ 2,375,000
Bedrooms-- Baths0.0 Sq 6,710

Monthly Estimate*

$ 16,404

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Multi-Family Home for sale in Long Beach, CA

for $2,375,000. This 6,710 square foot home was built in 1960 on a lot size of 0.21.

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

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1960

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0026104747

Features
General
Living Area 6710
Zoning LBR2N
Pool Features None
Year Built 1960
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Long Beach
Senior Community Y/N false
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 9011
Standard Status Active
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Parking Features Driveway Down Slope From Street
Lot Size Area 9011
Foundation Details None
Building Area Total 6710
Lot Size Acres 0.21
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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
100%
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Monthly Principal & Interest
$16,404
Monthly Property Taxes
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Monthly Home Insurance
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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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$2,375,000 Listed Price

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1503 North 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 0.21. 1503 North Stanton Place has 0.0 baths and was built in 1960. The property's zip code is 90804 which is in Long Beach, CA