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1135 Raymond Ave
Long Beach, CA 90804 Eastside Long Beach

Price Upon Request

Apartments For Sale  •  7,128 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,128 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 5.70 %
  • Zoning R2N, Long Beach
50 Transit Score
70 Walk Score

Highlights

Rare 1987 built property in Long Beach - NOT subject to local rent control.
Onsite parking for all units.
Excellent unit mix of 1 and 2 bedrooms.
EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Modern electrical and plumbing - Buyer to verify.
HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.4% CAP ON MARKET RENTS.

Financial Summary

Cap Rate: 5.70 %

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 7 min - 3.3 mi
John Wayne/Orange County 27 min - 19.9 mi
Los Angeles International 32 min - 22.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Covered
Included in Rent: Yes
Jon Swire 310-948-2631 The Agency
Jon Swire 310-948-2631 The Agency