1135 Raymond Ave Long Beach, CA 90804
Cambodia Town NeighborhoodEstimated payment $15,350/month
About This Home
HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.6% CAP ON MARKET RENTS. 9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 5.40% for 5 years, Interest Only. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 6,495 Sq Ft Lot
- Lot Dimensions are 50x130
Interior Spaces
- 7,128 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 10 Bathrooms
Parking
- 12 Parking Spaces
- Assigned Parking
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 7260-032-018
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 | $35,129 | $2,624,747 | $874,915 | $1,749,832 |
| 2024 | $33,593 | $2,573,282 | $857,760 | $1,715,522 |
| 2023 | $33,027 | $2,522,827 | $840,942 | $1,681,885 |
| 2022 | $30,996 | $2,473,360 | $824,453 | $1,648,907 |
| 2021 | $30,370 | $2,424,864 | $808,288 | $1,616,576 |
| 2019 | $24,785 | $1,927,341 | $936,360 | $990,981 |
| 2018 | $24,137 | $1,889,550 | $918,000 | $971,550 |
| 2017 | $15,487 | $1,163,428 | $351,733 | $811,695 |
| 2016 | $14,379 | $1,140,617 | $344,837 | $795,780 |
| 2015 | $13,815 | $1,123,485 | $339,658 | $783,827 |
| 2014 | $13,753 | $1,101,478 | $333,005 | $768,473 |
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 |
|---|---|---|---|---|---|
| 06/15/2026 06/15/26 | Price Changed | $2,300,000 | -4.2% | $323 / Sq Ft | |
| 06/05/2026 06/05/26 | Price Changed | $2,400,000 | -7.7% | $337 / Sq Ft | |
| 04/28/2026 04/28/26 | For Sale | $2,600,000 | +8.3% | $365 / Sq Ft | |
| 03/17/2020 03/17/20 | Sold | $2,400,000 | +0.9% | $337 / Sq Ft | View Prior Sale |
| 01/16/2020 01/16/20 | Pending | -- | -- | -- | |
| 01/07/2020 01/07/20 | For Sale | $2,379,000 | -- | $334 / Sq Ft |
Source: The MLS
MLS Number: 26826345
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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