$2,320,000/mo

1126 Raymond Avenue, Long Beach, CA 90804

  • 6,336 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon6,504sqft lot
  • Property Parking Icon 12 car garage
  • Property Price Per Square Feet Icon $366/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.00% 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.

Listing Status:
Active
Date Added:
May 7, 2026
Data Last Updated:
May 20, 2026 at 7:16AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Christopher Van Vuuren : 424-220-8960
MLS ID:
SB26099694
  • Laundry: Common Area
  • Pool: None
  • Parking: Parking spaces: 12
  • General: 2
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 7260031004
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Christopher Van Vuuren , Lyon Stahl Investment Real Estate, Inc.

Location

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