1825 Stanley Ave - Apartments FOR SALE


Signal Hill, CA 90755
$2,400,000 USD
310-463-2916
1825 Stanley Ave, Signal Hill, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/19
null | 5.79% Cap Rate

1825 Stanley Ave
Signal Hill, CA 90755


HIGHLIGHTS

  • Value-Add Deal with Immediate Upside - +/-28% Rental Upside Potential
  • Supply-Constrained Signal Hill Location
  • 10.92 GRM on Current Rents - 7.35% Stabilized Cap Rate
  • Six (6) Garages with ADU Conversion Opportunity (Potential for ~$65K Additional Annual Income)
  • Updated Electrical Panels with New Exterior Paint

OVERVIEW

The Offering 1825–35 Stanley Avenue is a 10-unit multifamily opportunity in the supply-constrained enclave of Signal Hill—an independent city within Long Beach known for its favorable tax structure, strong demographics, and consistent rental demand. The property offers a balanced unit mix of (2) 2BD/1BA units, (7) 1BD/1BA units, and (1) 1BD/1BA + office, providing broad appeal to a diverse tenant base. On-site laundry and parking provide additional income. Value-Add Potential Currently operating at a 10.92 GRM on in-place rents, the asset offers ±28% rental upside, allowing a new owner to strategically increase income through interior upgrades and operational improvements. The property benefits from updated electrical panels and fresh exterior paint, reducing near-term capital expenditure while preserving the ability to implement a targeted value-add program. The existing six (6) garages also offer potential for ADU conversion (buyer to verify), providing a path to ±$65,000 in additional annual rental income and increased long-term value creation. Signal Hill Advantage Signal Hill’s fundamentals further enhance the investment profile. The city’s median household income of approximately $113,000 and homeownership rate near 50% support a stable renter base with strong purchasing power. Combined with Long Beach’s broader market dynamics—3.1% vacancy, 22.3% cumulative rent growth over the past three years, and limited new supply—the property is well-positioned for continued income growth and long-term appreciation. Situated near major freeways, including the I-405, I-710, and SR-91, residents benefit from convenient access to major employment centers such as the Port of Long Beach, CSULB, and surrounding business hubs. Signal Hill’s unique combination of central location, lower operating cost structure (no utility tax or Mello-Roos), and strong quality of life continues to attract and retain tenants, reinforcing the durability of the submarket. Investment Positioning 1825–35 Stanley Avenue offers a high-upside, value-add asset with income growth through rent repositioning and ADU potential, supported by strong submarket fundamentals and limited new supply.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

10

PRICE/UNIT

$240,000

CAP RATE

5.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,003 SF

ZONING

SHR3*

APN/PARCEL ID

7216-025-021

ASK ABOUT THIS PROPERTY

Robert SteppStepp Commercial - KWPEMore Info
310-463-2916

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Robert SteppStepp Commercial - KWPEMore Info
310-463-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.