714-745-2708

1135 Raymond Avenue, Long Beach, CA 90804

$2,169,000 Approx. USD 16 beds, 10 baths
7,128 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Swire | jon@jonswire.com
Lic#: 01336277
Broker: Courtesy of The Agency
Phone: 310-948-2631

Agent Remarks

PRICE REDUCED - HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 9.7 GRM AND 7.0% CAP ON MARKET RENTS for 80's construction. 9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 6.1% for 5 years, Interest Only. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26826345

Price: $2,169,000

Beds: 16

Baths: 10

Built in 1987

7,128 sqft

2 stories

0.15 acres

Lot size: 0.1491

County: Los Angeles

Zoning: LBR2N

Parking description: Assigned

Heating/cooling: None

Heating description: Wall Furnace

MLS area: 3 - Eastside, Circle Area

Last Updated: 11/9/2026

Days On Market (DOM): 197

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This listing belongs to the 3 - Eastside, Circle Area MLS area

Lat/Long: 33.781867, -118.164693.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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