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For Sale

$1,195,000

5,846 sqft$204/sqft87 days on market

1062 Raymond AVE

Long Beach, CA 90804

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,846

Square feet

1946

Built

Listing narrative

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.

Listing agent (MLS): Donna Dostalik · Listing brokerage (MLS): RE/MAX Unlimited Real Estate

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,195,000

Beds

Beds n/a

Type

House

Home Size

5,846 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1946

Neighborhood

Custom

Status

For Sale

Days on Market

87

$ / Sqft

$204

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX Unlimited Real Estate