Strong In-Place Cash Flow 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. Below-Market Rents Provide Income Growth 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. Manageable Three-Unit Investment 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. Compelling Combination of Yield and Future Growth For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 6.09% 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. - 6.09% Going In Cap Rate - Diversified Mix of One, Two, and Three Bedroom Units - New Copper Plumbing Throughout; New Front Porch - Private Yard in Front; Gated Parking in Rear - Desirable Eastside Long Beach Submarket - Central Location, Close to Restaurants & Freeways