1126 Raymond Ave Long Beach, CA 90804
Cambodia Town NeighborhoodEstimated payment $15,208/month
Highlights
- Laundry Room
- Woodrow Wilson High School Rated A
- Rectangular Lot
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 714-655-0098 License #02060007 Listed on: 05/07/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1987
Lot Details
- 6,504 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 12 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,336 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 11933
- Assessor Parcel Number 7260031004
- $1,764 per year additional tax assessments
Community Details
Overview
- 8 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,083
- Fuel Expense $2,083
- Insurance Expense $6,348
- Professional Management Expense $10,272
- Trash Expense $2,083
- Water Sewer Expense $2,083
- Operating Expense $66,196
- Gross Income $211,740
- Net Operating Income $139,237
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $32,262 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $2,320,000 | +9.7% | $366 / Sq Ft | |
| 02/13/2018 02/13/18 | Sold | $2,115,000 | +3.2% | $334 / Sq Ft | View Prior Sale |
| 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)
MLS Number: SB26099694
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.
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
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