$2,320,000
1126 Raymond AV
Long Beach, CA, 90804
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.
Property Details
Price:
$2,320,000
MLS #:
SB26099694
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Eastside ES
Neighborhood:
3eastsidecirclearea
Listed Date:
May 7, 2026
Total Sq Ft:
6,336
Lot Size:
6,504 sqft / 0.15 acres (approx)
Year Built:
1987
Schools
Interior
Laundry Features
AR
Exterior
Common Walls
NCW
Community Features
SDW
Garage Spaces
12
Parking Spots
12
Parking Total
12
Financial
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1126 Raymond AV
Long Beach, CA
