See all 6 photos
$1,310,000
Est. payment /mo
5,201 Sqft Lot
New
1120 Raymond AVE Long Beach, CA 90804
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision W.M. Raymond Tract
MLS Listing ID PW26013959
HOA Y/N No
Year Built 1972
Lot Size 5,201 Sqft
Property Sub-Type Triplex
Property Description
Incredible investment opportunity in Eastside Long Beach. This triplex features three spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms with private entrances and a functional two-story layout—perfect for long-term tenants. Totaling approximately 3,720 sq ft of living space on a 5,201 sq ft lot, with ample rear parking and potential for an ADU (buyer to verify). Each unit is separately metered for gas and electricity, supporting efficient operations.
The property offers a strong history of low vacancy and consistent rental performance. Ideal for investors seeking stability, upside in a hot rental market, appreciation potential, and future income growth.
The property offers a strong history of low vacancy and consistent rental performance. Ideal for investors seeking stability, upside in a hot rental market, appreciation potential, and future income growth.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Paved
Pool None
Community Features Curbs, Sidewalks, Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Paved, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7260031002
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard

Listed by Luen Song Coldwell Banker Realty write.luen@gmail.com
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