Listing provided courtesy of Christopher Van Vuuren of Lyon Stahl Investment Real Estate, Inc.. Last updated . Listing information © 2025 Sandicor.

Asking Price: $2,280,000 | Active​​​​​​​

1126 Raymond Avenue, Long Beach CA 90804

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This ResidentialIncome property was built in and is priced at $2,280,000. Please see the additional details below.
  • 0 Sq Ft
  • 2 bathrooms
  • 2 bedrooms
  • MLS#: 306713057
  • Type: ResidentialIncome
  • Year Built:
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.

Call or Email The Koop Group now to inquire about this property

619.985.8722