1126 Raymond Avenue
Long Beach, CA 90804
0
Bed
0
Bath
6,336Sqft
6,504Sqft(Lot)
8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.13% 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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1987Building Area Total: 6336Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6504 Lot Size Acres: 0.1493 Lot Size Source: Assessor Lot Size Square Feet: 6,504 Lot Description: Rectangular LotProperty Information
Subdivision: Eastside (ES) Source Property Type: Residential Income Property SubType: Apartment Property Age: 39
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Listing Price Information
Listing Price: $2280000Original Price: $2320000Cash, Cash to New Loan, 1031 Exchange
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Tax Information
Parcel Number: 7260031004 Tax Lot: 17
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Parking Information
Parking Total: 12Garage Information
Has Garage: Yes Garage Space: 12
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Location Information
Direction: 11th St & Raymond Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 764 Terraine Avenue, Long Beach, CA, 90804 | $1,600,000 | 5 | 3 | 2,914 | 6,513 Sqft |
| 1371 Granada, Long Beach, CA, 90804 | $950,000 | 2 | 2 | 1,364 | 4,356 Sqft |
| 1366 Roycroft, Long Beach, CA, 90804 | $895,000 | 2 | 1 | 930 | 4,594 Sqft |
| 4322 E Ransom, Long Beach, CA, 90804 | $949,000 | 4 | 2 | 1,832 | 6,421 Sqft |
| 4224 E 11th Street, Long Beach, CA, 90804 | $775,000 | 2 | 1 | 1,000 | 2,268 Sqft |
| 1335 Termino Avenue, Long Beach, CA, 90804 | $480,000 | 2 | 1 | 512 | 2,516 Sqft |
| 1345 Termino, Long Beach, CA, 90804 | $850,000 | 2 | 1 | 596 | 2,501 Sqft |
| 810 Belmont Avenue, Long Beach, CA, 90804 | $1,995,000 | 10 | 7 | -- | 5,852 Sqft |
| 927 Belmont Avenue, Long Beach, CA, 90804 | $2,000,000 | 3 | 2 | -- | 0.13 Acre |
| 1652 Loma Avenue, Long Beach, CA, 90804 | $725,000 | 2 | 1 | 960 | 2,399 Sqft |
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ByOwner last updated this listing 09/06/2026 @ 18:51
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