Listed by Perry Karn of Southland Property Group (562-519-0099)
Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential. The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment. Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-market rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation. Investment Highlights -Prime Eastside Long Beach Location -True Value-Add Opportunity with Immediate Rental Upside -Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units -Well-Maintained Property and Units -Separately Metered for Gas & Electricity -Income-Generating On-Site Laundry Room -Four Single-Car Garages -Attractive Outdoor Common Area for Tenants 1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California's most sought-after rental markets.

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Based on information submitted to CRMLS as of May 20, 2026 10:22 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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