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1126 Raymond Ave, Long Beach, CA 90804

  • $2,320,000

    •

  • —

    bed

  • —

    bath

Multi-family for sale 3 days
Movoto is helping 68 homebuyers near you

About 1126 Raymond Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 6,504 Sqft
Movoto estimate
Parking 12 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - Christopher Van Vuuren
Listing Agent Contact: 714-655-0098
Listing Office - Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS mls logo
MLS#SB26099694 • last updated 4 days ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1493
Lot Size (SqFt) 6504
Year Built 1987
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 6336
# Parking Spaces 12
# Garage Spaces 12
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Eastside (ES), Eastside (ES)
Directions 11th St & Raymond Ave
APN 7260031004
Multifamily Details
Vacancy Allowance 6307
Expense: Trash 2083
Laundry Income 1500
Operating Expense 66196
Cap Rate 6
Expense: Insurance 6348
Total Expenses 66196
Expense: Water/ Sewer 2083
Gross Income 211740
Expense: Electric 2083
Gross Multiplier 10.96
Gross Scheduled Income 211740
Expense: Fuel 2083
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5/10
Willard Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
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  • Long Beach
  • 90804
  • Hellman
  • 1126 Raymond Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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