1062 Raymond, Long Beach, CA 90804

$1,195,000

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List Price
$1,195,000
Status
ACTIVE
MLS#
PW26176082
Year Built
1946
Lot Size
5,844
Acres
0.13
Lot Location
2-5 Units/Acre, Front Yard, Sprinklers In Front, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Ranch, Secluded, Sprinkler System, Street Level, Yard
Days on Market
1
Property Type
Multifamily
Style
Ranch, Patio Home
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Custom

Property Description

One Single Family detached one bedroom and one bath. Very spacious with it's own gated private front yard/patio. Fully permitted with a giant oversized parking lot with plenty of room to park more than 5 cars. Four single bedroom one bath units all with large gated private patios. Two down-stairs and 2 up stairs. All of the units are open spacious with lots of natural sun light. The tenants are all very long term with month to month rental contracts. There is an on site laundry room with one washer and one dryer for all of the units to share. Fantastic location just off Hwy one and 7th Street close to Junipero. Recreation Park is close by. The baseball park is close by. Cal State University Long Beach is close by. Great opportunity to pick up a great investment. Gated back ally as well as lush landscaping. Very well maintained. Interior of the units is in excellent condition with wall unit AC. Built in wall furnaces. Newer interiors. Very nice tenants. Great neighborhood. Surrounded by a mix of single family homes and 3 story apartment complexes with covered parking on the ground floor with two rows of apartments for the developer in mind. Individual newer smart meters. Great pipes and electrical. This property is a must see. Very neutral decor and great interior paint. At the heart of Long Beach. Close to everything and where you want to be. Live in the house and rent out the 4 units! Great owner user opportunity. No vacancies and has never been a vacancy for many years. Very quiet and secure area. THIS IS A SINGLE FAMILY HOUSE PLUS 4 INDIVIDUAL INCOME UNITS ALL PERMITTED.

Additional Information

Appliances
Electric Oven, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Courtyard, Neighborhood
Exterior Construction
Wood Siding
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Open Floorplan, Tile Counters, Bedroom on Main Level, Utility Room
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$5,000
Operating Expense
3582

Listing courtesy of Listing Agent: Donna Dostalik (donnaremax@usa.net) from Listing Office: RE/MAX Unlimited Real Estate.

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Calculator source: Real Geeks

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.