This Multifamily Property is no longer advertised on LoopNet.com.

1126 Raymond Ave
Long Beach, CA 90804
Multifamily Property For Sale · 8 Units

Investment Highlights

  • ALL 2 BEDROOM / ONE AND A HALF BATHS--100% RENTED.
  • GATED BUILDING WITH STREET LEVEL PARKING
  • ALL UNITS UPGRADED
  • SALES PRICE REDUCED!
  • ONLY 11.92 X GRM AT CURRENT RENTS AND ABOUT 10X GRM AT MARKET RENTS
  • SELLER MAY TAKE CARE OF AB-721 BALCONY CERTIFICATIONS.

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 6,336 SF
Average Occupancy 100%
No. Stories 2
Year Built 1987
Parking Ratio 1.89/1,000 SF
Zoning RR2N, Long Beach

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Ceiling Fans
  • Vaulted Ceiling
  • Views
  • Instant Hot Water

Site Amenities

  • Laundry Facilities
  • Security System
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 8 - 800

Property Taxes

Property Taxes

Parcel Number
7260-031-004
Land Assessment
$1,265,263
Improvements Assessment
$1,137,827
Total Assessment
$2,403,090
  • Listing ID: 31281646

  • Date on Market: 3/20/2024

  • Last Updated:

  • Address: 1126 Raymond Ave, Long Beach, CA 90804

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