1126 Raymond Ave

long beach, CA 90804

2 190 000 USD

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    8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.43% 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.

    Деталі

    6,336 Sq Ft

    6,504 Sq Ft Розмір партії

    квартира

    Вбудовано 1987

    MLS/Ідентифікатор об'єкта SB26099694

    8 Одиниці

    Зручності та особливості

    Lot - Rectangular Lot

    Public Sewer

    Public Water

    Community - Sidewalks

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    CRMLS

    Based on information from California Regional Multiple Listing Service, Inc. 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.