1126 Raymond

Long Beach, CA, 90804
For Sale $2,320,000
  • 0.15acre
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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Christopher Van Vuuren with Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
Cris Molles with The Realestate Group
(310) 540-0072
1126 Raymond is a Residential Income Apartment property located in Long Beach, California, featuring a 0.149 acre lot, MLS #SB26099694.

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Data last modified: 2026-05-07 18:46:18