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1228 Raymond Ave
Long Beach, CA 90804 Eastside Long Beach

$2,600,000 USD

Apartments For Sale  •  4,020 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,020 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1922
  • Zoning CCP, Long Beach
51 Transit Score
89 Walk Score

Highlights

Turnkey Property with Updated Systems
6.27% Cap Rate / 10.71 GRM at Current Rents
May be purchased individually or combined with other Affordable deals at 718 Chestnut Avenue and/or 908 MLK Blvd.

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 7 min - 3.3 mi
John Wayne/Orange County 27 min - 19.8 mi
Los Angeles International 32 min - 22.3 mi
Robert Stepp 310-463-2916 Stepp Commercial
Robert Stepp 310-463-2916 Stepp Commercial