1134 Raymond, Long Beach, CA 90804
Local realty services provided by:CENTURY 21 Coastal Properties
1134 Raymond,Long Beach, CA 90804
$1,650,000
- - Beds
- - Baths
- 5,429 sq. ft.
- Multi-family
- Active
Listed by: perry karn
Office: southland property group562-270-1777
MLS#:PW26108527
Source:CRMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$303.92
About this home
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-market 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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Home facts
- Year built:1959
- Listing ID #:PW26108527
- Added:20 day(s) ago
- Updated:June 10, 2026 at 10:35 AM
Rooms and interior
- Living area:5,429 sq. ft.
Structure and exterior
- Year built:1959
- Building area:5,429 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Sewer Not Available
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$303.92
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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