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$1,650,000
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Property Description
Located in the highly desirable Eastside submarket of Long Beach, 1134 Raymond Avenue presents a rare opportunity to acquire a well-maintained seven-unit multifamily asset. Built in 1959, the two-story property offers investors a stable and attractive apartment community with significant upside potential.
The property features an excellent unit mix consisting of four one-bedroom/one-bath units and three two-bedroom/one-bath units. The units and overall property have been meticulously maintained. Additional amenities include four single-car garages, an income-generating on-site laundry facility, and a charming outdoor common area for tenant enjoyment.
Operational efficiency is enhanced by separate gas and electric metering for all units, helping minimize ownership expenses. With below-market rents and strong rental demand in Eastside Long Beach, investors have the opportunity to achieve immediate rental upside and long-term appreciation.
Investment Highlights
-Prime Eastside Long Beach Location
-True Value-Add Opportunity with Immediate Rental Upside
-Excellent Unit Mix: 4 One-Bedroom Units & 3 Two-Bedroom Units
-Well-Maintained Property and Units
-Separately Metered for Gas & Electricity
-Income-Generating On-Site Laundry Room
-Four Single-Car Garages
-Attractive Outdoor Common Area for Tenants
1134 Raymond Avenue represents an exceptional opportunity for investors seeking a stable multifamily asset with strong in-place fundamentals and future income growth potential in one of Southern California's most sought-after rental markets.
Full Property Details
Full Property Details for 1134 Raymond
General
- Price: $1,650,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26108527
- Updated: 5/20/2026
- Days on Market: 9 days
- Added to Site: 9 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: Coming south on Cherry Ave turn left on Anaheim Street eastbound and take right on Raymond southbound, it will be on left hand side.
Utilities
- Sewer: None
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: Side - South
- Square Feet: 5,429
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1494
- Lot Size (Sq. Ft.): 6,506
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $303.92
- Price Per Unit: 235714
Listed by Southland Property Group, Perry Karn
Get Pre-Approved Today
Schools
Schools serving 1134 Raymond
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Willard Elementary School, Long Beach, CA 1055 Freeman Avenue, Long Beach, CA 90804 | K-5 | 0.5 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 1 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1134 Raymond
Date
Details
Price
Change
Source
5/20/2026
Listed
$1,650,000
48.65%
MLS
10/20/2015
Sold
$1,110,000
—
Public Record
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
Tax History for 1134 Raymond
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,536
6%
$1,812,714
4%
2023
$23,065
7%
$1,742,826
2%
2022
$21,653
2%
$1,708,664
2%
2021
$21,209
—
$1,675,171
1%
2020
$21,154
1%
$1,658,000
2%
2019
$20,906
39%
$1,625,000
41%
2018
$15,067
1%
$1,154,844
2%
2017
$14,908
8%
$1,132,200
2%
2016
$13,853
353%
$1,110,000
508%
2015
$3,060
-1%
$182,581
2%
2014
$3,082
3%
$179,005
—
2013
$3,004
—
$178,197
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1134 Raymond
1134 Raymond, Long Beach, CA 90804 (MLS# PW26108527) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1134 Raymond is currently listed for $1,650,000 and was received on May 20, 2026. Want to learn more about 1134 Raymond? 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.

