$2,400,000
-$200,0001135 Raymond Avenue, Long Beach CA 90804
Multi-Family (8 Units)
Property type
10 days
On market
$337
Price per sqft
N/A
Garage
1987
Year built
6,495 sqft
Lot size
Open Houses
Overview
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 great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with...
Listing provided by: Jonathan Swire DRE #01336277 310-948-2631, The Agency
Listing updated: Jun 5, 2026 at 02:03am.
Last checked: Jun 5, 2026 at 02:30am
Source: CRMLS #26826345
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $1,795 | $1,795 | $1,795 | Unfurnished |
| 6 | 2 | 1 | — | $2,095 | $2,095 | $2,095 | Unfurnished |
| 1 | 2 | 2 | — | $2,295 | $2,295 | $2,295 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
5.4%
NOI / List Price
Net Operating Income: $133,000
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Assigned
Parking Total: 12
Lot Information
Land Lease: No
Parcel #: 7260032018
Zoning: LBR2N
Lot Size Dimensions: 50x130
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1135 Raymond Avenue, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,920,000
Total Interest
$2,448,854
Total Payment
$4,368,854
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,786
per month
Property History for 1135 Raymond Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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