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$1,310,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 hours ago
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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. 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.

Full Property Details for 1120 Raymond Ave

General

  • Price: $1,310,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26013959
  • Updated: 1/21/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Rooms

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Paved
  • Parking: Paved

Location

  • Area: 3 - Eastside, Circle Area
  • County: Los Angeles
  • Development Name: 3 - Eastside, Circle Area
  • Driving Directions: Raymond and 11th St

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: main
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,720
  • Year Built: 1972

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.1194
  • Lot Size (Sq. Ft.): 5,201
  • Lot Size Source: Assessor
  • Zoning: LBR2N
  • Lot Description: 0-1 Unit/Acre, Back Yard, Rectangular Lot, Paved

Financial Considerations

  • Price Per Sq. Ft.: $352.15
  • Price Per Unit: 436667
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1120 Raymond Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1120 Raymond Ave

School District:Long Beach Unified School District
NameGradesDistance
Willard Elementary School, Long Beach, CA
1055 Freeman Avenue, Long Beach, CA 90804
K-50.5 mi
Jefferson Leadership Academies School
750 Euclid Avenue, Long Beach, CA 90804
6-80.9 mi
Wilson High School
4400 East 10th Street, Long Beach, CA 90804
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1120 Raymond Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$1,310,000
642.21%
MLS
3/24/1998
Sold
$176,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1120 Raymond Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,440
7%
$282,701
4%
2023
$4,158
6%
$271,760
2%
2022
$3,924
3%
$266,450
2%
2021
$3,823
—
$261,244
1%
2020
$3,812
1%
$258,576
2%
2019
$3,770
5%
$252,625
2%
2018
$3,580
1%
$247,672
2%
2017
$3,544
8%
$242,816
2%
2016
$3,276
4%
$238,055
2%
2015
$3,156
—
$234,480
2%
2014
$3,150
3%
$229,888
—
2013
$3,061
—
$228,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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1120 Raymond Avenue, Long Beach, CA 90804 (MLS# PW26013959) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1120 Raymond Avenue is currently listed for $1,310,000 and was received on January 21, 2026. This property is listed by Luen Song from our Long Beach Office.Want to learn more about 1120 Raymond Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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