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20 Beds
10 Baths
6,710 sqft

$2,375,000

1503 N Stanton Place, Long Beach CA, 90804

Price per sqft$353.95
Built in1960
Property size6,710 sqft
Property typeResidential

Overview

Active

Listed Oct 27, 2026

Updated 43h ago

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.

$15,801/mo

Est. mortgage payment based on a $2,375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26104747

Interior Features

Bedrooms
20
Bathrooms
10
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

55+/Senior Community
No

Listed by Taylor Avakian, Lyon Stahl Investment Real Estate, Inc., CA DRE 02060040

Listing Contact: 916-996-4421 

Based on information from the CRISNet MLS as of 10/28/2026, 5:22 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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