Properties
Long Beach, CA 90804 1120 Raymond Avenue
$1,310,000
1 more
Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com
Full/Half Baths • 1 / 1
SQFT • 3,720
Home Details
Incredible investment opportunity in Eastside Long Beach. This triplex features three spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms with private entrances and a functional two-story layout—perfect for long-term tenants. Totaling approximately 3,720 sq ft of living space on a 5,201 sq ft lot, with ample rear parking and potential for an ADU (buyer to verify). Each unit is separately metered for gas and electricity, supporting efficient operations.
The property offers a strong history of low vacancy and consistent rental performance. Ideal for investors seeking stability, upside in a hot rental market, appreciation potential, and future income growth.
Presented By: Luen Song with Coldwell Banker Realty; write.luen@gmail.com
Interior Features for 1120 Raymond Avenue
Other Interior Features
Common WallsTwoCommonWallsOrMore
Laundry FeaturesWasherHookup
Total Stories2
Other Rooms
Entry Level1
General for 1120 Raymond Avenue
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
CityLong Beach
Community FeaturesCurbs, Sidewalks, Urban
ContingencyBuyer to conduct all due diligence.
CountyLos Angeles
DirectionsRaymond and 11th St
Entry Locationmain
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
Insurance Expense2616
Land Lease Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet5201
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MaintenanceExpense467
Net Operating Income80598
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6
Operating Expense9882
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameW.M. Raymond Tract
Tax Lot15
Tenant PaysElectricity, Gas, TrashCollection
Trash Expense0
Water Sewer Expense2525
Year Built1972
Year Built SourcePublicRecords
ZoningLBR2N
Exterior for 1120 Raymond Avenue
Building Area Total3720
Lot FeaturesZeroToOneUnitAcre, BackYard, Paved, RectangularLot
Lot Size Acres0.1194
Lot Size Area5201
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesPaved
Private PoolNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
