1503 N Stanton Pl, Long Beach, CA 90804
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1503 N Stanton Pl, Long Beach, CA 90804
1503 N Stanton Pl, Long Beach, CA 90804
1503 N Stanton Pl, Long Beach, CA 90804
1503 N Stanton Pl, Long Beach, CA 90804
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Sharon Baluku

Sharon Baluku

+1(323) 381-0266
$ 2,375,000
Est. payment /mo
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Active

1503 N Stanton Pl Long Beach, CA 90804

20 Beds

10 Baths

6,710 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,710 sqft

Price per Sqft $353

MLS Listing ID 26104747

Bedrooms 20

Year Built 1960

Lot Size 9,011 Sqft

Acres 0.2069

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Eastside, Circle Area

Zoning LBR2N

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Above Street Level

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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1503 N Stanton Pl