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1150 Raymond Avenue

Long Beach, CA 90804
  • $1,200,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: OC22084507
UPDATED: 39 min ago
$1,200,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Terry Mccarty of Coldwell Banker Realty (714-374-4459)


Description

Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows:#1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128051779
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1150 Raymond Avenue Long Beach, CA 90804

  • Price: $1,200,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 39 min ago
  • ID#: OC22084507
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1910
Built
Neighborhood:
Other (Othr)
County:
Los Angeles
Area:
3 - Eastside, Circle Area
Property Description
Multiplex in the heart of Long Beach. Property consists of four one bedroom, one bath units and one attached studio (buyer to verify permits on all). All units were remodeled in the not too distant past are very clean with newer kitchen, baths, and flooring, and LONG term tenants. Unit break down is as follows:#1: 1150 Raymond (one bed, one bath, separately metered) #2: 1152 Raymond (one bed, one bath, shares meter with 1152A) #3: 1152A Raymond (studio) #4: 1154 Raymond (one bed, one bath, one car garage, separately metered) #5: 1156 Raymond (one bed one bath, separately metered). Total monthly rent=$5650.
Exterior Features

Architectural Style Craftsman Construction Materials Stucco Foundation Details Slab Lot Features No Landscaping Number Of Separate Electric Meters 4 Parking Features DrivewayGarage Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features No Stairs Appliances Gas Range Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Cap Rate 4.14 Common Interest None Community Features CurbsGutter(S)Storm Drain(S)Street LightsSidewalksUrban Electric Expense 1200 Fuel Expense 400 Garage YN Yes Gross Income 67800 Gross Scheduled Income 67800 Insurance Expense 1000 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 49700 New Construction YN No New Taxes Expense 14400 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 5 Operating Expense 18100 Rent Control YN No Security Features Window Bars Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Total Actual Rent 5650 Trash Expense 400 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 400 Water Source Public Zoning Lbr2n



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Terry Mccarty of Coldwell Banker Realty (714-374-4459)