1636 N Stanton, Long Beach, CA 90804

  • $900,000
1636 N Stanton

Overview

Property ID: HZPW26179995
  • Triplex
  • Property Type
  • 0
  • Garage
  • 1912
  • Year Built

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.

  • Address Stanton
  • City Long Beach
  • State/county Los Angeles
  • Zip/Postal Code 90804
  • Area Eastside (ES)

Details

Updated on September 13, 2026 at 6:06 pm
  • Property ID: HZPW26179995
  • Price: $900,000
  • Garage: 0
  • Year Built: 1912
  • Property Type: Triplex
  • Property Status: Residential Income
  • Listed by: Robert Stepp
  • DRE #: 01456379
  • Contact Mail: rstepp@steppcommercial.com
  • Brokered by: Keller Williams Realty Downey

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