1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
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1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
1135 RAYMOND AVE
Sold

1135 RAYMOND AVE

1135 RAYMOND AVE, LONG BEACH, CA 90804

$2,400,000
9 units located on the East Side of Long Beach. All units have been heavily remodeled and the building is well maintained and professionally managed with well qualified tenants. The property was built in 1987 and all units feature stone countertops and dishwashers. Additionally, there is onsite, gated parking for each tenant as well as onsite laundry. The upper units feature vaulted ceilings and all units have private balconies. 12 secured parking spaces onsite. Seller has spent over $200K updating the units and building. Rental upside to 12.5X GRM and a 5.4% CAP. Contact Listing Agent for a complete package.

16
beds

10
baths

7,128 Sq.Ft. LIVING AREA

0.149 Acres lot

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms10

Area & Lot

  • Status Sold
  • Living Area7,128 Sq.Ft.
  • Lot Area0.149 Acres
  • MLS® ID20-541030
  • TypeMulti-Family
  • YEAR BUILT1987

Exterior

  • STORIES3
  • parkingControlled, Entrance
  • HEAT TYPEWall, Gas
  • AIR CONDITIONINGWall, Unit(s)

Financial

  • Sales Price$2,400,000
  • Zoning LBR2N

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