1126 Raymond Avenue

Long Beach, CA 90804
$2,270,000
BEAUTIFUL UPGRADED 8 UNIT BUILDING--ALL 2 BEDROOM / 2 BATHROOMS. FRESHLY PAINTED. FULLY OCCUPIED. GATED BUILDING WITH STREET LEVEL PARKING FOR 12+ CARS) EACH UNIT HAS A PRIVATE BALCONY. TOTALLY SB721 COMPLIANT (INSPECTED IN SEPT. 2024). EASY TO MANAGE BUILDING.
Property listed by The Realestate Group, Cris Molles 310-710-3250
Listing Snapshot
Days Online
54
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1987
MLS Number
SB25110461
30 Days Snapshot Of 90804
$570k
-6%
(avg) sold price
10
0%
homes sold
95
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1987, Building area total: 6,336, Levels: ThreeOrMore, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, StreetLights, Sidewalks, Gated
Cooling
None
Expenses
Electric expense: $500, Gardener expense: $720, Insurance expense: $6,296, Licenses expense: $321, Maintenance expense: $12,000, New taxes expense: $30,848, Operating expense: $69,463, Water sewer expense: $7,636
Fireplaces
None
Garage
12 spaces
Income
Gross income: $206,520, Net operating income: $132,927
Laundry
CommonArea
Lot
0.1494 acres, 6,506 square feet, Size: 6,506, Level, NearPublicTransit, RectangularLot
Parking
12 carport spaces, 24 totals parking, Assigned, ElectricGate
Pool
None
Property
Zoning: LBR2N
Roof
Shingle
Security Features
FireDetectionSystem, SecurityGate, GatedCommunity, SmokeDetectors
Sewer
PublicSewer
Spa
None
Tenant Pays
CableTv, Electricity
Windows
Screens
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Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.