$2,400,000
$2,379,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
1135 RAYMOND AVE Long Beach, CA 90804
16 Beds
10 Baths
7,128 SqFt
Key Details
Sold Price $2,400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,128 sqft
Price per Sqft $336
MLS Listing ID 20-541030
Sold Date 03/17/20
Bedrooms 16
Year Built 1987
Lot Size 6,493 Sqft
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Eastside, Circle Area
Zoning LBR2N
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Wall Gas
Cooling Wall Unit(s)
Equipment Dishwasher
Exterior
Parking Features Controlled Entrance
Garage Spaces 12.0
Building
Story 3
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with The Agency