NOT LISTED FOR SALE

1126 Raymond Ave Long Beach, CA 90804

Cambodia Town Neighborhood
16 Beds
16 Baths
6,336 Sq Ft
6,504 Sq Ft Lot

Last Sold February 13, 2018

Last sale price $2,115,000 $334 Per Sq Ft

21 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of February 2018

8 units located in South Long Beach NOT subject to rent control. The property features all copper plumbing and an excellent unit mix for the location of all 2 bedroom/2 bath units. The upper units all have vaulted ceilings measuring over 11 feet in height. And all units have private balconies with great views of Signal Hill. The property features 12 gated, surface parking spaces as well as onsite laundry (not currently in use but should be). 6 of 8 unit interiors have been heavily remodeled to include new laminate flooring, paint, granite counters, light fixtures, bath vanities, ceiling fans and more. Remodeled units are renting for $1650-1700 per month. Long Beach rents have grown over 10% in the past year and will continue to grow due to the $1BB+ development going on. EMAIL LISTING AGENT FOR A COMPLETE SETUP INCLUDING A RENT ROLL.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 12/12/2017

The Agency

Last Buyer's Agent

Cris Molles

License #01345419

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,504

Interior Spaces

  • 6,336 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 12 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,504 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7260-031-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6336
  • Stories: 1
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 323.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 12

Utilities

  • Cooling: Ceiling Fan
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 701760
  • Assessed Land Value: 918000
  • Assessor Parcel Number: 7260-031-004
  • Geocode Override: No
  • Lot Size Area: 6504

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 8
  • Type Of Units: Income
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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 List to Sale Price per 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: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,850 $2,403,090 $1,265,263 $1,137,827
2024 $30,850 $2,355,971 $1,240,454 $1,115,517
2023 $30,327 $2,309,777 $1,216,132 $1,093,645
2022 $28,465 $2,264,488 $1,192,287 $1,072,201
2021 $27,889 $2,220,087 $1,168,909 $1,051,178
2019 $27,490 $2,154,240 $1,134,240 $1,020,000
2018 $21,222 $1,652,155 $936,360 $715,795
2017 $20,998 $1,619,760 $918,000 $701,760
2016 $13,105 $1,033,705 $379,460 $654,245
2015 $12,593 $1,018,179 $373,761 $644,418
2014 $12,535 $998,235 $366,440 $631,795
Source: Public Records

Agents Affiliated with this Home

  • Jon Swire

    Seller's Agent in 2018

    Jon Swire

    The Agency

    (310) 948-2631

    2 in this area

    34 Total Sales

    Jon Swire
    Section Image

  • C

    Buyer's Agent in 2018

    Cris Molles

See All Agents

Map

Source: The MLS

MLS Number: 17-294698

The MLS
California Los Angeles County Long Beach 90804 Cambodia Town

1126 Raymond Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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