1126 Raymond Avenue Long Beach, CA 90804

8 Units
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$2,385,000 Est. $8,483 / mo.*
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Property Type: Mixed Use
Status: Active
Year Built: 1987
Neighborhood: Alamitos Beach (ab)
Days on Website: 39

Property listed by The Realestate Group, Cris Molles 310-710-3250

Description

CLEAN, UPGRADED 8-UNIT BUILDING. ALL 2 BEDROOMS / ONE AND A HALF BATHS. GATED BUILDING WITH STREET LEVEL PARKING. EACH UNIT HAS A PRIVATE BALCONY. FULLY RENTED. EAST TO MANAGE. ONLY 12.42 X GRM AT CURRENT RENTS AND ABOUT 10 X GRM AT MARKET RENTS.

Open House

Property Details and Features

  • BuiltInRange
  • Dishwasher
  • Built in 1987
  • Building area total: 6,336
  • Levels: Two
  • 2 stories
  • 1 building
  • Architectural style: ,Attached
  • Common walls: Item2CommonWalls
  • Curbs
  • StormDrains
  • StreetLights
  • Sidewalks
  • Urban
  • Electric expense: $700
  • Gardener expense: $600
  • Insurance expense: $3,656
  • Licenses expense: $360
  • Maintenance expense: $12,000
  • New taxes expense: $28,620
  • Operating expense: $84,800
  • Water sewer expense: $6,282
  • None
  • 16 spaces
  • WallFurnace
  • Gross income: $970
  • Net operating income: $107,200
  • CommonArea
  • ListingID: SB24055042
  • Standard status: Active
  • Country: US
  • Subdivision name: Alamitos Beach (AB)
  • 0.1494 acres
  • 6,506 square feet
  • Size: 6,506
  • Item01UnitAcre
  • RectangularLot
  • 16 carport spaces
  • 32 totals parking
  • AttachedCarport
  • Assigned
  • Concrete
  • Covered
  • Garage
  • GarageDoorOpener
  • Gated
  • OnSite
  • Private
  • OneSpace
  • None
  • Zoning: LBR2N
  • Shingle
  • PublicSewer
  • None
  • CableTV
  • Electricity
  • Gas

Location

$2,385,000 - 1126 Raymond Avenue, Long Beach, CA 90804
1126 Raymond Avenue Long Beach, CA 90804
Country: US

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