1134 Raymond Long Beach CA 90804 MLS #PW26108527

Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential.
The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment.
Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-market rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation.

Investment Highlights
-Prime Eastside Long Beach Location
-True Value-Add Opportunity with Immediate Rental Upside
-Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units
-Well-Maintained Property and Units
-Separately Metered for Gas & Electricity
-Income-Generating On-Site Laundry Room
-Four Single-Car Garages
-Attractive Outdoor Common Area for Tenants

1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California’s most sought-after rental markets.