1134 Raymond, Long Beach, California 90804

  • $1,650,000
1134 Raymond, Long Beach, CA 90804
Active
1134 Raymond, Long Beach, California 90804
1134 Raymond, Long Beach, CA 90804
  • $1,650,000

Description

Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential. The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment. Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-market rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation. Investment Highlights -Prime Eastside Long Beach Location -True Value-Add Opportunity with Immediate Rental Upside -Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units -Well-Maintained Property and Units -Separately Metered for Gas & Electricity -Income-Generating On-Site Laundry Room -Four Single-Car Garages -Attractive Outdoor Common Area for Tenants 1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California’s most sought-after rental markets.

  • Address 1134 Raymond
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90804
  • Area Downtown (DT)
  • Country US

Details

Updated on June 3, 2026 at 11:43 pm
  • Property ID: PW26108527
  • Price: $1,650,000
  • Property Size: 5429 Sqft
  • Land Area: 0.1494 Acres
  • Garages: 4.0
  • Year Built: 1959
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Utilities: Sewer Not Available
  • Sewer: None
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Urban

Contact Information

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