Long Beach, CA 90804 1126 Raymond Avenue
$2,290,000
2 more
Presented By: Cris Molles with The Realestate Group; 310-710-3250
Home Details
PRICE REDUCED!! CLEAN, UPGRADED 8-UNIT BUILDING. ALL 2 BEDROOMS / ONE AND A HALF BATHS. GATED BUILDING WITH STREET LEVEL PARKING. EACH UNIT HAS A PRIVATE BALCONY. FULLY RENTED. EAST TO MANAGE. ONLY 11.92 X GRM AT CURRENT RENTS AND ABOUT 10 X GRM AT MARKET RENTS. SELLER MAY PAY FOR AB-721 BALCONY CERTIFICATION.
Presented By: Cris Molles with The Realestate Group; 310-710-3250
Interior Features for 1126 Raymond Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 1126 Raymond Avenue
Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces16.0
Carport Y/NYes
CityLong Beach
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks, Urban
CountyLos Angeles
Days on Market42
DirectionsJust South of Anaheim St.
Electric Expense700.0
Entry LocationFront Gate
Fuel Expense0.0
Garage Spaces16.0
Garage Y/NYes
Gross Income970.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3656.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Submit
Lot Size Square Feet6506.0
MLS Area3 - Eastside, Circle Area
MaintenanceExpense12000.0
MobileHomeRemainsYNNo
Net Operating Income107200.0
New ConstructionNo
Number of Units Leased8
Operating Expense84800.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameRaymond
Subdivision NameAlamitos Beach (AB)
Tax Lot17
Taxes$28,620
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent191040.0
Total Units8
Trash Expense0.0
View Y/NNo
Water Sewer Expense6282.0
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningLBR2N
Exterior for 1126 Raymond Avenue
Building Area Total6336.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, RectangularLot
Lot Size Acres0.1494
Lot Size Area6506.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Assigned, Concrete, Covered, Garage, GarageDoorOpener, Gated, OnSite, Private, OneSpace
Pool Charge0.0
SpaNo
Total Parking32.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480