Listing provided courtesy of Perry Karn of Southland Property Group. Last updated 2026-06-01 08:10:19.000000. Listing information © 2026 CRMLS.

Asking Price: $1,650,000

1134 Raymond, Long Beach CA 90804

Community: ​4 - Downtown Area, Alamitos Beach

Status: Active


This Commercial/Residential property was built in 1959 and is priced at $1,650,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 433938834
  • Type: Commercial/Residential
  • Year Built: 1959
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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