1126 Raymond Avenue, Long Beach, CA 90804

Long Beach
Local realty services provided by:ERA Donahoe Realty
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:7 day(s) ago
  • Updated:May 15, 2026 at 10:32 AM

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

Parking

  • Total parking spaces:12
  • Garage:Yes
  • Garage spaces:12
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