1134 Raymond
Long Beach, CA, 90804
$1,650,000
Beds
0 Baths
0 SqFt
0.15 Acres
Add
MLS #PW26108527 image #0
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.

Property Details

Price:
$1,650,000
MLS #:
PW26108527
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Downtown DT
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
May 20, 2026
Total Sq Ft:
5,429
Lot Size:
6,506 sqft / 0.15 acres (approx)
Year Built:
1959
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachDowntown Dt

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Schools

Interior

Laundry Features
CM

Exterior

Common Walls
NCW
Community Features
URB
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Net Operating Income
$120,007

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of May 29, 2026
795
Single Family Listed
61
Avg DOM
479
Avg $ / SqFt
$1,156,422
Avg List Price

Property Summary

    Located in the Downtown (DT) subdivision, 1134 Raymond Long Beach CA is a Single Family for sale in Long Beach, CA, 90804. It is listed for $1,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1959. The average price per square foot for Single Family listings in Long Beach is $479. The average listing price for Single Family in Long Beach is $1,156,422.

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1134 Raymond
Long Beach, CA