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Listed by: Christopher Van Vuuren (424) 220-8960 DRE #02060007, Cris Molles DRE #01345419 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,280,000
2 Beds
2 Baths
6,336sqft
1126 Raymond Ave, Long Beach, CA 90804
$2,280,000
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Apartment
Built in 1987
$-- HOA
6,504 sqft lot
$360/sq.ft
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 ...
Continue Reading- Houzeo last checked: 4 minutes ago
- Listing updated: July 7, 2026 at 4:06 pm
- Source: California Regional MLS-CA | MLS#: SB26099694
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
6,336 sqft
Lot Size
6,504 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26099694
MLS Status
Active
Days on Market
129
Cumulative Days on Market
61
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