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1062 Raymond Long Beach, CA $ 1,195,000
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$ 1,195,000 Get more info
1062 Raymond
$ 1,195,000
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1062 Raymond

Long Beach, CA, 90804
$ 1,195,000
Baths0.0 Sq 2,957

Monthly Estimate*

$ 7,545

Listed by RE/MAX Unlimited Real Estate
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,195,000. This 2,957 square foot home was built in 1946 on a lot size of 0.1342.

One Single Family detached one bedroom and one bath. Very spacious with it's own gated private front yard/patio. Fully permitted with a giant oversized parking lot with plenty of room to park more than 5 cars. Four single bedroom one bath units all with large gated private patios. Two down-stairs and 2 up stairs. All of the units are open spacious with lots of natural sun light. The tenants are all very long term with month to month rental contracts. There is an on site laundry room with one washer and one dryer for all of the units to share. Fantastic location just off Hwy one and 7th Street close to Junipero. Recreation Park is close by. The baseball park is close by. Cal State University Long Beach is close by. Great opportunity to pick up a great investment. Gated back ally as well as lush landscaping. Very well maintained. Interior of the units is in excellent condition with wall unit AC. Built in wall furnaces. Newer interiors. Very nice tenants. Great neighborhood. Surrounded by a mix of single family homes and 3 story apartment complexes with covered parking on the ground floor with two rows of apartments for the developer in mind. Individual newer smart meters. Great pipes and electrical. This property is a must see. Very neutral decor and great interior paint. At the heart of Long Beach. Close to everything and where you want to be. Live in the house and rent out the 4 units! Great owner user opportunity. No vacancies and has never been a vacancy for many years. Very quiet and secure area. THIS IS A SINGLE FAMILY HOUSE PLUS 4 INDIVIDUAL INCOME UNITS ALL PERMITTED.

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Multi-Family Active

Price

$ 1,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1342

Year Built

1946

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26176082

Days on Market

3
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Electric Oven Freezer Gas Cooktop Disposal Microwave Refrigerator Water Heater Dryer Washer
Garage Spaces 0
Architectural Style Ranch Patio Home
Pool Features None
Construction Materials Wood Siding
Year Built 1946
Electric 220 Volts in Laundry Standard
Tenant Pays Cable TV Electricity Gas Trash Collection Water
View Courtyard Neighborhood
Stories Count 1
Levels Two
Property Subtype Quadruplex
Gross Income 60000
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks Park
Accessibility Low Pile Carpet
County Los Angeles
Net Operating Income 57417.76
Operating Expense 3582.24
Insurance Expense 1200
New Construction false
Property Type Residential Income
Contingency None
Subdivision Name custom
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Anaheim 10th junipero vera
City Long Beach
Disclosures Seller Will Pay Sec. 1 Termite
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 5844
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 249
Fuel Expense 37.56
Property Condition Updated/Remodeled Termite Clearance
Trash Expense 233.34
Water Sewer Expense 233.34
Ok to Lease Month To Month
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 5000
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Balcony Ceiling Fan(s) Open Floorplan Tile Counters Bedroom on Main Level Utility Room
Flooring Carpet Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Entry Level 1
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Exterior
Fencing Chain Link Wood
Parking Features Asphalt Driveway Level Driveway On Site Paved
Lot Features 2-5 Units/Acre Front Yard Sprinklers In Front Landscaped Level Near Park Near Public Transit Rectangular Lot Ranch Secluded Sprinkler System Street Level Yard
Water Source Public
Total Parking 0
Lot Size Area 5844
Foundation Details Concrete Perimeter Slab
Number of Buildings 5
Spa false
Building Area Total 2957
Lot Size Acres 0.1342
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Re/Max Unlimited Real Estate

Broker

donnaremax@usa.net

Email

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$7,545
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,195,000 Listed Price

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1062 Raymond, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,195,000 with 2,957 sqft and a lot size of 0.1342. 1062 Raymond is a studio with 0.0 baths and was built in 1946. The property's zip code is 90804 which is in Long Beach, CA

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