ResidentialIncome — 1120 Raymond Avenue, Long Beach, CA
$1,299,000
1120 Raymond Avenue, Long Beach, CA
About this property
Price Improvement - Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Triplex features three spacious two-story townhome-style units, each offering 3 bedrooms, 1.5 bathrooms, private entrances, and functional layouts ideal for long-term tenancy. Built in 1972, the property offers approximately 3,720 square feet of living space on a 5,201 square foot lot. Huge parking lot in rear. The property features separately metered gas and electricity, a large rear parking area, and potential ADU opportunities (buyer to verify). Conveniently located just minutes from Cal State Long Beach, Traffic Circle shopping and dining, Belmont Shore, and local beaches. An excellent opportunity for investors seeking long-term appreciation, future income growth, and the ability to unlock additional value in one of Long Beach's most desirable rental markets.
Property details
Location
1120 Raymond Avenue • Long Beach, CA 90804
Listed by
Luen Song · Coldwell Banker Realty