1135 Raymond Avenue

Long Beach, CA 90804
Beds
16
Baths
10
Square Ft.
7,128
Property listed by The Agency, Jonathan Swire 424-230-3700
$2,300,000
HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.4% 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 greatRead MoreRead Less
Listing Snapshot
Days Online
48
Last Updated
Beds
16
Square Ft.
7,128
Lot Size
0.15 Acres
Year Built
1987
MLS Number
26826345
Property Location Map
Additional Details
Building
Built in 1987, Living area: 7128.0, 1 building, 2 stories, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $204,000, Net Operating Income: $133,000
Lot
0.1491 acres, Dimensions: 50x130
Parking
12 total parking spaces, Assigned
Taxes
Parcel Number: 7260032018, Zoning: LBR2N
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Kathy Zajac
Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.