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1134 Raymond

Long Beach, CA 90804
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Bed 0

Bed

Bath 0

Bath

SqFt5,429

Sqft

SqFt6,506

Sqft(Lot)

Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential. The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment. Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-mar ket rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation. Investment Highlights -Prime Eastside Long Beach Location -True Value-Add Opportunity with Immediate Rental Upside -Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units -Well-Maintained Property and Units -Separately Metered for Gas & Electricity -Income-Generating On-Site Laundry Room -Four Single-Car Garages -Attractive Outdoor Common Area for Tenants 1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California’s most sought-after rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,650,000

AD Id : 78976550

MLS Id : PW26108527

Lot Size : 6,506 Sqft

Living Area Size : 5,429

Year Built : 1959

Garage : 4

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: None

  • Building Information

    Year Built: 1959 Building Area Total: 5,429
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1494
  • Lot Size Source: Assessor Lot Size Square Feet: 6506

  • Listing Price Information

    Original List Price: 1,650,000 Listing Contract Date: 2026-05-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7260031008

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 4 - Downtown Area, Alamitos Beach Directions: Coming south on Cherry Ave turn left on Anaheim Street eastbound and take right on Raymond southbound, it will be on left hand side. Source Property Type: Residential Income Area: 4 - Downtown Area, Alamitos Beach Property SubType: Mixed Use
  • Building and Construction

    Property Age: 67 Common Walls: No Common Walls Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: Side - South
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1350 Quincy Avenue, Long Beach, CA, 90804 $1,030,000 3 1 1,218 1,218 SqFt
4375 E 14th Street, Long Beach, CA, 90804 $1,300,000 5 2 2,648 2,648 SqFt
4375 E 14th Street, Long Beach, CA, 90804 $1,300,000 6 -- 2,648 2,648 SqFt
1203 Ximeno, Long Beach, CA, 90804 $2,745,000 -- -- 5,700 5,700 SqFt
3745 E Ransom Street, Long Beach, CA, 90804 $999,999 2 1 1,029 1,029 SqFt
3745 E Ransom Street, Long Beach, CA, 90804 $999,999 -- -- 1,029 1,029 SqFt
3641 E Esther, Long Beach, CA, 90804 $1,300,000 3 2 1,772 1,772 SqFt
3337 E 15th, Long Beach, CA, 90804 $1,500,000 -- -- 3,284 3,284 SqFt
1128 Stanley, Long Beach, CA, 90804 $3,000,000 -- -- 8,245 8,245 SqFt
1135 Raymond Avenue, Long Beach, CA, 90804 $2,400,000 16 -- 7,128 7,128 SqFt

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ByOwner last updated this listing 06/11/2026 @ 10:23

MLS: PW26108527 LISTED BY: Perry Karn, Southland Property Group 562-270-1777 SOURCE: CRMLS

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