1126 Raymond Avenue, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1126 Raymond Avenue,Long Beach, CA 90804
$2,320,000
- - Beds
- - Baths
- 6,336 sq. ft.
- Multi-family
- Active
Listed by: christopher van vuuren, cris molles
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26099694
Source:CRMLS
Price summary
- Price:$2,320,000
- Price per sq. ft.:$366.16
About this home
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.
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Home facts
- Year built:1987
- Listing ID #:SB26099694
- Added:1 day(s) ago
- Updated:May 09, 2026 at 01:23 PM
Rooms and interior
- Living area:6,336 sq. ft.
Structure and exterior
- Year built:1987
- Building area:6,336 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,320,000
- Price per sq. ft.:$366.16
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:12
- Garage:Yes
- Garage spaces:12
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