For Sale
$2,190,000
1126 Raymond Avenue
Long Beach, CA 90804
- 6,504 sq ft lot
- Built 1987
Listed by: Lyon Stahl Investment Real Estate, Inc. · 714-655-0098
About this home
8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.43% 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.
Home details
Interior
- Laundry
- Common Area
Exterior & lot
- Lot size
- 6,504 sq ft (0.15 acres)
- Lot features
- Rectangular Lot
- Pool
- None
- Garage spaces
- 12
- Common walls
- No Common Walls
Property & community
- Property type
- Apartment
- Year built
- 1987
- Community
- Sidewalks
- County
- Los Angeles
- MLS #
- SB26099694
- Listed
- May 7, 2026
Location
Listed by: Lyon Stahl Investment Real Estate, Inc. · 714-655-0098
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.