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$2,280,000
 $12,240 est/mo Sourced by Back At You

1126 Raymond Avenue,Long Beach, CA 90804

Long Beach, CA 90804

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Description

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.

Details

MLS #SB26099694
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1987
Days On Site120
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Christopher Van Vuuren

Features

SQ Feet6,336
Garage12
Story(s)2
Units8
Building(s)1
Acreage0.15

Exterior

Lot FeaturesRectangular Lot

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90804
Area3 Eastside | Circle Area
Community NameEastside (ES)
Listing VS Median (in Eastside (ES))
Price:
$2,280,000
low | high
Med:
$730,000
100% of Average
sqft:
6,336
low | high
Med:
1,300
100% of Average
$ / sqft:
$360
low | high
Med:
$562
6.048582995952% of Average
On site:
120
low | high
Med:
52
100% of Average
Sourced by Back At You

Market Activity 90804

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90804
Area3 Eastside | Circle Area
Community NameEastside (ES)
Listing VS Median (in Eastside (ES))
Price:
$2,280,000
low | high
Med:
$730,000
100% of Average
sqft:
6,336
low | high
Med:
1,300
100% of Average
$ / sqft:
$360
low | high
Med:
$562
6.048582995952% of Average
On site:
120
low | high
Med:
52
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.71M - $2.85M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
1135 Raymond Avenue Property Photo 1
$2,289,000
1135 Raymond Avenue
Long Beach, CA 90804
Listing Updated: August 21, 2026 at 11:28:42 PM PDT

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