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1150 Raymond Avenue

Long Beach, CA 90804
  • $1,200,000
  • STATUS: ACTIVE
  • ON SITE: 27 Days
  • ID#: OC22084507
$1,200,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows: #1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650. Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows: #1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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1150 Raymond Avenue Long Beach, CA 90804

  • Price: $1,200,000
  • Status: ACTIVE
  • On Site: 27 Days
  • ID#: OC22084507
3
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Long Beach (90804)
County:
Los Angeles
Area:
Long Beach (90804)
Property Description
Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows: #1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650. Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows: #1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650.
Exterior Features

Exterior Stucco Pool N/K Roof Composition Site CurbsSidewalks Spa N/K

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 5

Property Features

Actual Cap Rate 4.14 Annual Expense Actual 18100 Assessments N/K Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 17.69 Gross Scheduled Income Actual 67800 Security Security Bars Sewer Septic Sewer Connected Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1300.0 Unit2 Rent Actual 1200.0 Unit3 Rent Actual 800.0 Unit4 Rent Actual 1300.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Coldwell Banker Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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