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1135 Raymond Avenue

Long Beach, CA 90804
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Bed 16

Bed

Bath 0

Bath

SqFt7,128

Sqft

SqFt6,495

Sqft(Lot)

9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 5.40% for 5 years, Interest Only. Anduril Industries, a cutting-edge defense technolog y company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,400,000

AD Id : 79259825

MLS Id : 26826345

Beds : 16

Lot Size : 6,495 Sqft

Living Area Size : 7,128

Year Built : 1987

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 16

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1987 Building Area Total: 7,128

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1491 Lot Size Dimensions: 50x130
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6495

  • Listing Price Information

    Original List Price: 2,400,000 Listing Contract Date: 2026-04-28
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 7260032018

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 3 - Eastside, Circle Area Directions: 9 Units in Long Beach built in 1987. Zoning: LBR2N Source Property Type: Residential Income Area: 3 - Eastside, Circle Area
  • Building and Construction

    Property Age: 39 Year Built Source: Vendor Enhanced Total Square Feet Living: 7128 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
730 Santiago Avenue, Long Beach, CA, 90804 $2,319,000 5 5 5,009 5,009 SqFt
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
924 Termino Avenue, Long Beach, CA, 90804 $2,195,000 -- -- 3,400 3,400 SqFt
3645 E 17th Street, Long Beach, CA, 90804 $799,000 3 1 1,178 1,178 SqFt

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ByOwner last updated this listing 06/07/2026 @ 21:22

MLS: 26826345 LISTED BY: Jonathan Swire, The Agency 424-230-3700 SOURCE: CRMLS

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