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1022 Raymond Ave, Long Beach, CA 90804
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1022 Raymond Ave Long Beach, CA 90804

$699,995
  • 5 Beds
  • 1.5 Baths
  • 1,076 Sq.Ft.
For Sale
$699,995 Get Pre-Qualified
Map preview of 1022 Raymond Ave, Long Beach, CA 90804

Property Overview: 1022 Raymond Ave Long Beach, CA has 5 bedrooms, 1.5 bathrooms, 1,076 living square feet and 2,252 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Perfect for investors or anyone looking to live in one unit and rent the 2nd. Completely remodeled turnkey Duplex in the heart of Long Beach. Ample parking for both units with gated parking. Three bedrooms and 1 Bathroom Upstairs with a Large deck. 2 Bedroom and 1 Bathroom downstairs with a private patio. Upstairs unit has had the deck resealed along with new stairs and railings. Separate gas and electric meters per unit. Close to downtown long beach and 710, 405, 605, and 22 freeways. Do not bother the tenants, showings by appointment only. All offers are welcomed. Inspection after acceptance.

Listed by Danny Stojakovic | BRE #01948130 | Berkshire Hathaway HomeServices California Properties
Last checked: 10 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 162
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Home details

Lot Sq. Ft
2,252
HOA Dues
$0/mo
Year built
1936
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
PW23188884
City
Long Beach
County
Los Angeles
Time on Site
259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,600
  • Net Operating Income: $45,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,440
  • Insurance: $2,600
  • Water/Sewer: $1,658

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Property Details for 1022 Raymond Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7262005029
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Junipero Gardens (JPG)
  • Directions: 10th & Cherry
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1022 Raymond Ave

Last sold for $560,000 on October 24th, 2017

  • October, 2023

  • Oct 10, 2023

    Date

    Active

    CRMLS: PW23188884

    $699,995

    Price

  • June, 2023

  • Jun 14, 2023

    Date

    Expired

    CRMLS: PW22127747

    $799,000

    Price

  • Jun 14, 2022

    Date

    Active

    CRMLS: PW22127747

    $835,000

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled turnkey Duplex in the heart of Long Beach. Three bedrooms and 1 Bathroom Upstairs with a Large deck. 2 Bedroom and 1 Bathroom downstairs with a private patio. Upstairs and Downstairs Units have been updated with new kitchens, bathrooms, and floors. Upstairs unit has had the deck resealed along with new stairs and railings. Ample parking for both units which are guarded by automatic fencing. Separate gas and electric meters per unit. Close to downtown long beach and 710, 405, 605, and 22 freeways. Do not bother the tenants, showings by appointment only.

  • October, 2017

  • Oct 26, 2017

    Date

    Sold

    CRMLS: CV17190739

    $560,000

    Price

  • Sep 5, 2017

    Date

    Pending

    CRMLS: CV17190739

    $545,000

    Price

  • Aug 17, 2017

    Date

    Active

    CRMLS: CV17190739

    $545,000

    Price

  • Listing provided courtesy of CRMLS

    2 units: 1022 -1024 Raymond upstairs is a 3-bedroom 1-bath unit Downstairs is a two bedroom one bath. Each unit has its own separate gas and electric meter. Private laundry room with hook up. This fully turnkey spanish style duplex is Centrally located within minutes to down town, easy access to freeways , Fully renovated to satisfy the most discriminating taste! Granite counter tops, stainless steel appliances, designer backsplash in kitchen window covering. It's a cozy spanish style property perfect for a family ! for additional income where sq footage was efficiently utilized. Separate gas and electric meters.Both UNIT ARE VACANT & NEVER OCCUPIED SINCE SELLER COMPLETED RENOVATION. AMOUNT OF RENTS, EXPENSE WAS REQUIRED TO COMPLETE MLS INPUT & THEREFORE ESTIMATES 1022 Raymond: Downstairs unit is a 2 bed/1 bath, recessed lights ceiling fine distressed wood flooring, upgraded bathrooms open and airy floor plan with brand new kitchen .1024 Raymond upstairs unit is 3 bed/1 bath fully remodeled new bath fully updated kitchen open airy floor plan with fully update kitchen opens into living room with large slider opening into a 14X11 spanish style covered patio which can be an extension to the living room perfect for entertaining. Exterior of the property includes hardscape, landscape, grapefruit fruit tree, floodlights throughout BRand new iron fence and tow rolling parking gates! Separate laundry room 3 parking spaces and one car garage

  • October, 2017

  • Oct 24, 2017

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • April, 2017

  • Apr 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

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Tax History for 1022 Raymond Ave

Assessed Value (2020): $582,624
Year Land Value Improved Value Assessed Value
2020 $260,100 $322,524 $582,624

Home Value Compared to the Market

This property vs the competition

1022 Raymond Ave is listed 12.39% lower than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $646 and this home is listed at $650.55 per/sqft which puts the price per square foot 0.7% higher than the median price per square foot for the city of Long Beach.

About 1022 Raymond Ave

Detailed summary of property

1022 Raymond Ave is a duplex located in Long Beach, CA 90804 and is currently for sale. This duplex offers 5 bedrooms, 1.5 bathrooms, roughly 1,076 living square feet, and sits on an approximately 2,252 square foot lot. 1022 Raymond Ave was first listed on ArdentRealEstateGroup.com on October 10, 2023. The homeowner is currently asking $699,995. The median priced home in Long Beach is $799,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 12.39% lower than the median priced home. Local competing homes currently for sale include 682 E 120th St, 2015 E 105th St and 1503 E 109th St. While the average home in Long Beach, CA is selling in 53 days, 1022 Raymond Ave has a days on market of 162 days. There are currently 704 homes for sale in the Long Beach real estate market and 385 of them are single family homes while 296 of them are condos and 23 are townhomes. For more information on this home for sale at 1022 Raymond Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1022 Raymond Ave

Public county record property details
Beds
2
Baths
2
Year built
1936
Sq. Ft.
1,076
Lot Size
2,252
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7262-005-029

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$509,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
50
Median Sale to List Price %
99.13%
Avg Days on Market
32
Loan Type
Conventional (41.67%), FHA (8.33%), VA (16.67%), Cash (25%), Other (8.33%)

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Recently Sold Homes Near 1022 Raymond Ave

1025 Raymond Ave, Long Beach, CA 90804
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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