1126 Raymond Avenue Long Beach, CA ^$ 2,320,000

1126 Raymond Avenue

^$ 2,320,000

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Recently Listed

1126 Raymond Avenue

Long Beach, CA, 90804

^$ 2,320,000

Studio Baths2.0 Sq 6,336

Monthly Estimate*

^$ 14,285

Listed by Lyon Stahl Investment Real Estate, Inc.

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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,320,000 with 2 full baths. This 6,336 square foot home was built in 1987 on a lot size of 0.1493.

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.

Multi-Family Active

Price

^$ 2,320,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1493

Year Built

1987

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26099694

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 12

Pool Features None

Year Built 1987

Tenant Pays Electricity Gas

Property Subtype Apartment

Gross Income 211740

Community Features Sidewalks

County Los Angeles

Net Operating Income 139237

Operating Expense 66196

Insurance Expense 6348

New Construction false

Property Type Residential Income

Subdivision Name Eastside (ES)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions 11th St & Raymond Ave

City Long Beach

Entry Location walkup

Senior Community Y/N false

Number Of Units Total 8

MLS Area 3 - Eastside Circle Area

Lot Size Units Square Feet

Lot Size Square Feet 6504

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 2083

Fuel Expense 2083

Trash Expense 2083

Water Sewer Expense 2083

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 17

Property Sub Type Additional Apartment

Cap Rate 6

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 12

Lot Size Area 6504

Number of Buildings 1

Building Area Total 6336

Lot Size Acres 0.1493

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

Chris@lyonstahl.com

Affordability Calculator

$14,285

Per Month

Monthly Principal & Interest: $14,285
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,816,753

Percent of Sale Price 22%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2026	$2,320,000		Listed Price

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1126 Raymond Avenue, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,320,000 with 6,336 sqft and a lot size of 0.1493. 1126 Raymond Avenue is a studio with 2.0 baths and was built in 1987. The property's zip code is 90804 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1126 Raymond Avenue

Multi-Family Home for sale in Long Beach, CA

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