1126 Raymond Ave

Long Beach, CA 90804
  • $2,320,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 6,336

    SqFt

About the Listing SB1310620 - SBVANVCHR,SMOLLCRI

8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.00% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach's small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied with stable in-place income and rent upside under AB 1482. 12 on-site garage spaces (1.5/unit), on-site laundry, new roof and exterior paint in 2025, and separately metered gas and electricity. Post-1980 vintage insulates buyers from costly retrofit exposure common in the city's older stock. Minutes from Retro Row, Belmont Shore, and the 405/605/22 freeways.

Listing Highlights

Status Active
Days on Site 13
Property Type Multi-Family
MLS ® SB26099694
Year Built 1987
Total Square Footage 6,336
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,No Land Lease
  • Garage Capacity: 12 car
  • Parking Spaces: 12
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7260031004
  • Tax Year: N/A

Payment Calculator

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Questions About..

1126 Raymond Ave Long Beach, CA 90804

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Originating MLS: CRMLS

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