858-525-5007

1126 Raymond, Long Beach CA 90804 | $2,320,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6504 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1987
  • MLS#: SB26099694
  • Community: 3 - Eastside, Circle Area

Listing provided courtesy of Christopher Van Vuuren of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-06-26 08:15:04.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.15 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985