1135 RAYMOND Avenue, Long Beach, CA 90804

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Property Description

9 units located on the East Side of Long Beach. All units have been heavily remodeled and the building is well maintained and professionally managed with well qualified tenants. The property was built in 1987 and all units feature stone countertops and dishwashers. Additionally, there is onsite, gated parking for each tenant as well as onsite laundry. The upper units feature vaulted ceilings and all units have private balconies. 12 secured parking spaces onsite. Seller has spent over $200K updating the units and building. Rental upside to 12.5X GRM and a 5.4% CAP. Contact Listing Agent for a complete package.

Additional Information

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Calculator source: Real Geeks

Listing courtesy of Jonathan Swire from The Agency

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.