1120 Raymond Ave, Long Beach, CA 90804
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1120 Raymond Ave Long Beach, CA 90804

$1,340,000
  • 9 Beds
  • 4.5 Baths
  • 3,720 Sq.Ft.
For Sale
$1,340,000 Get Pre-Qualified

Map preview of 1120 Raymond Ave, Long Beach, CA 90804

Property Overview: 1120 Raymond Ave Long Beach, CA has 9 bedrooms, 4.5 bathrooms, 3,720 living square feet and 5,201 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: 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.

Listed by Luen Song | BRE #01733206 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
5,201
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24045709
City
Long Beach
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $73,573
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,227
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,027
  • Water/Sewer: $2,551

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Property Details for 1120 Raymond Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Gas Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete, Off Street, Private
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 7260031002
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: 11th St. and Raymond cross streets
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1120 Raymond Ave

Last sold for $404,000 on August 31st, 2005
  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: PW24045709

    $1,340,000

    Price

  • January, 2024

  • Jan 30, 2024

    Date

    Expired

    CRMLS: PW23143225

    $1,340,000

    Price

  • Sep 11, 2023

    Date

    Active

    CRMLS: PW23143225

    $1,390,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2005

  • Aug 31, 2005

    Date

    Sold (Public Records)

    Public Records

    $404,000

    Price

  • March, 1998

  • Mar 24, 1998

    Date

    Sold (Public Records)

    Public Records

    $176,500

    Price

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Tax History for 1120 Raymond Ave

Assessed Value (2020): $258,576
Year Land Value Improved Value Assessed Value
2020 $113,873 $144,703 $258,576

Home Value Compared to the Market

This property vs the competition

1120 Raymond Ave is listed 67.52% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $360.22 per/sqft which puts the price per square foot 44.07% lower than the median price per square foot for the city of Long Beach.

About 1120 Raymond Ave

Detailed summary of property

1120 Raymond Ave is a mixed use located in Long Beach, CA 90804 and is currently for sale. This mixed use property offers 9 bedrooms, 4.5 bathrooms, roughly 3,720 living square feet, and sits on an approximately 5,201 square foot lot. 1120 Raymond Ave was first listed on ArdentRealEstateGroup.com on March 6, 2024. The homeowner is currently asking $1,340,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 67.52% higher than the median priced home. Local competing homes currently for sale include 16291 Countess Dr #310, 9504 Telegraph Rd and 11082 Barclay Dr. While the average home in Long Beach, CA is selling in 54 days, 1120 Raymond Ave has a days on market of 58 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1120 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 1120 Raymond Ave

Public county record property details
Beds
9
Baths
6
Year built
1972
Sq. Ft.
3,720
Lot Size
5,201
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
7260-031-002

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
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
47
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 1120 Raymond Ave

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.