2376 Stanbridge Ave, Long Beach, CA, 90815 | 5.79% Rental Yield

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Price: $300K - 500K

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2376 Stanbridge Ave, Long Beach, CA, 90815 | 5.79% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $5,425/mo, and a $5,501/mo payment. Purchase price stands at $1,124,000, and rental yield measures 5.79% with $5,425/mo rent. Return on cash invested shows 15.34% in year one, and 5% annual appreciation builds toward $310,540 over five years. Five-year ROI reaches 78.22% and total cumulative return in cash records $284,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,425/mo property income covering a $5,501/mo payment rather than investor’s personal income.

Single Family

Built in 1955

6,107 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully Upgraded 3 Bedroom, 2 Bath Home in Highly Sought-After Stratford Square neighborhood, this move-in ready home showcases quality craftsmanship and extensive updates throughout. The home offers a spacious layout with a formal dining room, LED recessed lighting, quartz countertops, and newly painted kitchen cabinet doors and drawers with upgraded soft-close hinges. Outfitted with **brand-new Samsung kitchen appliances** and a **washer/dryer purchased in August 2024**. Both bathrooms are fully renovated with modern ceramic tile. All three bedrooms include ceiling fans, and a **custom-built hall linen closet** adds extra storage. Beautiful engineered birch floors, recently sanded and refinished, new carpets, and fresh paint inside and out. Enjoy a brand-new garage door opener, all-new copper plumbing, and a new front door. Additional upgrades include Newer dual-pane windows with all-new screens, all new interior doors, all new exterior lighting, central AC and heat, laundry in garage, The exterior is just as impressive with new front and backyard landscaping, new sod in the backyard, new sprinkler system, and landscape lighting throughout perfect for entertaining. This home is turnkey and located in one of the area's most coveted neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90815, Long Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,315 (100%)
Owner Occupied HU	9,875 (64.5%)
Renter Occupied HU	4,803 (31.4%)
Vacant Housing Units	637 ( 4.2%)
Median Home Value	$906,570
Average Home Value	$984,967