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1134 Raymond
For Sale $1,650,000
$1,650,000
- 7 Units
- Unknown Sq Ft
- 6,506 Sq Ft
- Unknown Cap Rate
Description
Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential.
The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment.
Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-market rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation.
Investment Highlights
-Prime Eastside Long Beach Location
-True Value-Add Opportunity with Immediate Rental Upside
-Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units
-Well-Maintained Property and Units
-Separately Metered for Gas & Electricity
-Income-Generating On-Site Laundry Room
-Four Single-Car Garages
-Attractive Outdoor Common Area for Tenants
1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California’s most sought-after rental markets.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,650,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1959 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7260031008 |
| MLS # | PW26108527 |
| Property ID | 322863459 |
| Lot Sqft | 6,506 |
| Zoning | Unknown |
| Total Units | 7 |
| Days on Market | 60 |
| Original List Price | $1,650,000 |
| Date Updated | June 03, 2026 |
| Date Created | May 01, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Perry Karn an agent of . Lic #01963224
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 03, 2026 The information being 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.
Robert Crawford
REAL ESTATE AGENT