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1228 Raymond Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Turnkey Property with Updated Systems
- May be purchased individually or combined with other Affordable deals at 718 Chestnut Avenue and/or 908 MLK Blvd.
- 6.27% Cap Rate / 10.71 GRM at Current Rents
Property Facts
| No. Units | 12 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 4,020 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | C | ||
| Zoning | CCP - Commercial | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,020 SF |
| No. Stories | 1 |
| Year Built | 1922 |
| Zoning | CCP - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Framed Mirrors
Site Amenities
- 24 Hour Access
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Property Taxes
| Parcel Number | 7260-031-011 | Improvements Assessment | $468,885 |
| Land Assessment | $750,222 | Total Assessment | $1,219,107 |
Property Taxes
Parcel Number
7260-031-011
Land Assessment
$750,222
Improvements Assessment
$468,885
Total Assessment
$1,219,107
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