1120 Raymond Avenue

Long Beach, CA 90804

$1,340,000
Price
9
Beds
6
Baths
3,720 Sq. Ft.
$360 / Sq. Ft.
3,720
Sq. Ft.
$360
per Sq. Ft.

Description

Three spacious, townhome style apartment units. Each 3 BD and 1.5 BA. Extra large lot for plenty of parking in back. Two units are Section 8 tenants, and both have recently passed inspection. Total rent is well below market value. Please DO NOT disturb tenants.Three spacious, townhome style apartment units. Each 3 BD and 1.5 BA. Extra large lot for plenty of parking in back. Two units are Section 8 tenants, and both have recently passed inspection. Total rent is well below market value. Please DO NOT disturb tenants.
  1. Listed by Luen Song • DRE #01733206 • Brokerage DRE #00616212 • Coldwell Banker Realty • write.luen@gmail.com

Property Details for 1120 Raymond Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3720

Location

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206
Add your commute
LISTING UPDATED: 03/06/2024 12:57 PM

Property Details for 1120 Raymond Avenue

StatusActive
MLS #PW24045709
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1972
Lot Size0.12 AC / 5,201 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206
Add your commute

Building Information for 1120 Raymond Avenue

Stories2Residences-Year Built1972Building Size-Lot Size0.12 AC / 5,201 SF

Payment Calculator

$7,659 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,313

Property Taxes

$346

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1120 Raymond Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $82,800
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $73,573
Expense Details
  • Operating Expense: $9,227
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,027
  • Trash Expense: $0
  • Water Sewer Expense: $2,551
  • Total Expenses: $3,578
Tax / Assessment Info
  • Tax Tract Number: 15
  • Tax Census Tract: 5769.01
  • Tax Lot: 15
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Equipment: Washer Hookup
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Asphalt
  • Entry Location: street level
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Private
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Concrete, Off Street, Private
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $2,050
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Disposal: 3

Property History for 1120 Raymond Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1120 Raymond Avenue

Taxable ValueLand$119,700Additions$152,060Total$271,760
Tax Record2023$4,158 ($346 / month)
Home Facts
Total Finished SqFt3,720 SqFtAbove Grade Finished SqFt3,720 SqFtLot Size5,201 SqFtStyleTriplexYear Built1972ZoningLBR2NCountyLOS ANGELESAPN7260-031-002

Schools near 1120 Raymond Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1120 Raymond Avenue is a mixed use property for sale in Long Beach, CA 90804. This property was listed for sale on March 6, 2024 by Coldwell Banker Realty, it's currently listed at $1,340,000. It has been on the market for a total of 52 days and was last sold on August 12, 2005. This listing's school district is Long Beach Unified School District. Nearby schools include Willard Elementary School, Jefferson Leadership Academies School and Wilson High School. 1120 Raymond Avenue is a 9-bed, 6-bath, 3,720 sqft mixed use property built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Luen Song, DRE #01733206

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.