$2,270,000

1126 Raymond Ave Long Beach, CA 90804

Cambodia Town Neighborhood

Estimated payment $14,317/month

16 Beds
24 Baths
6,336 Sq Ft
$358 Price per Sq Ft

Highlights

  • Gated Community
  • Property is near public transit
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • No HOA
  • Rectangular Lot

About This Home

BEAUTIFUL UPGRADED 8 UNIT BUILDING--ALL 2 BEDROOM / 2 BATHROOMS. FRESHLY PAINTED. FULLY OCCUPIED. GATED BUILDING WITH STREET LEVEL PARKING FOR 12+ CARS) EACH UNIT HAS A PRIVATE BALCONY. TOTALLY SB721 COMPLIANT (INSPECTED IN SEPT. 2024). EASY TO MANAGE BUILDING.

Last Listed By

Cris Molles

The Realestate Group Brokerage Phone: 310-710-3250 License #01345419 Listed on: 05/29/2025

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,506 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 12 Car Garage
  • 12 Carport Spaces
  • Parking Available
  • Auto Driveway Gate
  • Assigned Parking

Home Design

  • Apartment
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,336 Sq Ft Home
  • 3-Story Property
  • Window Screens
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 24 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5769
  • Assessor Parcel Number 7260031004

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Alamitos Beach Subdivision

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • Electric Expense $500
  • Gardener Expense $720
  • Insurance Expense $6,296
  • Maintenance Expense $12,000
  • Pest Control $816
  • Professional Management Expense $10,326
  • Water Sewer Expense $7,636
  • New Taxes Expense $30,848
  • Operating Expense $69,463
  • Gross Income $206,520
  • Net Operating Income $132,927

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

12

Listing Details

  • Assessments: No
  • Price Per Unit: 283750
  • Professional Management Expense: 10326.00
  • Property Attached: Yes
  • Security: Automatic Gate, Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 7636.00
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7260031004
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 358.27
  • Window Features: Screens

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 12.00
  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate
  • Total Parking Spaces: 24.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 816.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 6506.00
  • Lot Size Acres: 0.1494

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 792 Square Feet
  • Electric Expense: 500.00
  • Gross Income: 206520.00
  • Gross Scheduled Income: 206520.00
  • Insurance Expense: 6296.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1500.00
  • Lot Size Area: 6506.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Net Operating Income: 132927.00
  • Number Of Separate Electric Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Disposal: 8
  • Number With Drapes: 8
  • Number With Patio: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 69463.00
  • Rent Control: No
  • Total Actual Rent: 17060.00
  • Total Expenses: 69463.00
  • Vacancy Allowance: 4130
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 30848.00
  • Tax Census Tract: 5769.01
  • Tax Lot: 17
  • Tax Tract Number: 5769

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $2,270,000 +7.3% $358 / Sq Ft
02/13/2018 02/13/18 Sold $2,115,000 +3.2% $334 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $2,049,000 -- $323 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25110461

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90804 Cambodia Town

1126 Raymond Ave, Long Beach, CA

This home is located at 1126 Raymond Ave, Long Beach, CA 90804 and is currently priced at $2,270,000, approximately $358 per square foot. This property was built in 1987. 1126 Raymond Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Creative Arts School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Listing Agent
Cris Molles
Section Image
The Realestate Group
(562) 379-4024