1120 Raymond Avenue, Long Beach, CA 90804
- $1,299,000
- List Price
- $1,299,000
- Price Change
- ▼ $11,000 1782720583
- Status
- ACTIVE
- MLS#
- PW26013959
- Year Built
- 1972
- Lot Size
- 5,201
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre, Back Yard, Paved, Rectangular Lot
- Days on Market
- 123
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- W.M. Raymond Tract
Property Description
Price Improvement - Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Triplex features three spacious two-story townhome-style units, each offering 3 bedrooms, 1.5 bathrooms, private entrances, and functional layouts ideal for long-term tenancy. Built in 1972, the property offers approximately 3,720 square feet of living space on a 5,201 square foot lot. Huge parking lot in rear. The property features separately metered gas and electricity, a large rear parking area, and potential ADU opportunities (buyer to verify). Conveniently located just minutes from Cal State Long Beach, Traffic Circle shopping and dining, Belmont Shore, and local beaches. An excellent opportunity for investors seeking long-term appreciation, future income growth, and the ability to unlock additional value in one of Long Beach's most desirable rental markets.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $90,480
- Operating Expense
- 9882
Listing courtesy of Listing Agent: Luen Song (write.luen@gmail.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.