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Priced at $1,225,000, this multifamily apartment building provides a stabilized investment option within the Long Beach market. The property consists of four units and maintains a current capitalization rate of 4.87 percent. Long Beach serves as a major economic hub in Southern California, benefiting from its proximity to the international port and diverse local employment base. The city continues to see steady demand for rental housing due to its coastal lifestyle and accessibility to major transit corridors. Residential assets of this scale allow investors to secure a foothold in a dense urban environment with consistent tenant demand. The four-unit layout is well-suited for long-term rental income strategies or value-add repositioning efforts. Given the property's location at 1341 Stanley Avenue, it offers proximity to neighborhood amenities and established residential districts. This asset presents a functional addition to a portfolio focused on California coastal real estate where multifamily occupancy remains competitive.
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