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    Townhome-Style Triplex with Private Entrances Title is generated by Realmo AI

    1120 Raymond Avenue, Long Beach, CA 90804

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    For Sale
    $1,310,000

    Triplex - Long Beach, CA

    Type:Triplex
    Property size:
    3,720 SF
    Lot size:
    5,201.00 Acres
    Price / SF:
    $352/SF
    Added:
    Jan 21, 2026
    Days on Market:
    157
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 1120 Raymond Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    LBR2N
    Bedrooms
    9
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    6
    Parking features
    Paved or Surfaced
    Exterior features
    Community Features Included: Curbs, Urban, Sidewalks, Paved, Rectangular Lot, 0-1 Unit/Acre, Back Yard
    Standard status
    Active
    APN
    7260031002
    Size
    3,720 SF
    Lot size
    5,201.00 Acres

    Building Details

    Year built
    1972
    Floors in Building
    2
    Number of units
    3
    Architectural style
    Other

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    Luen Song

    Listing agent Luen Song License #01733206

    Listing office Coldwell Banker Realty 1650 Ximeno Ave #120, Long Beach, CA

    Listing date Jan 21, 2026

    MLS# PW26013959 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Triplex with three townhome‑style units, each with 3 bedrooms and 1.5 bathrooms
    • Approx. 3,720 sq ft total living space on a 5,201 sq ft rectangular lot
    • Each unit has a private entrance and a functional two‑story layout
    • Units are separately metered for gas and electricity
    • Ample rear parking with paved/surfaced parking and low‑maintenance landscaping
    • Year built: 1972; exterior includes curbs, sidewalks, paved surfaces, and back yard

    Overview

    This for-sale triplex at 1120 Raymond Avenue consists of three townhome-style residential units, each configured with 3 bedrooms and 1.5 bathrooms. The units are laid out as functional two-story plans and provide private entrances, supporting day-to-day independence for residents. Utilities are separately metered for gas and electricity, which can simplify expense allocation and ongoing operations. The property includes ample rear parking along with low-maintenance landscaping.

    The home is located in Long Beach, California (90804). The parcel size is approximately 5,201 square feet, and the combined living area is approximately 3,720 square feet. Zoning is listed as LBR2N.

    For investors or owner-operators, the combination of three separate units, private entrances, and individually metered utilities can be appealing for those seeking a straightforward multifamily setup. The rear parking and low-maintenance exterior can also be practical for long-term occupancy management. Please note that while the listing remarks reference historical rental performance, those details are not independently specified here beyond the property’s unit and utility configuration.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $120.5k $32.40
    − Vacancy −$6.3k −$1.68
    EGI $114.3k $30.72
    − OpEx −$34.3k −$9.21
    NOI $80.0k $21.50
    3,720 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.14M
    $999.8K – $1.33M (±1% cap)
    NOI $79,982 @ 7.0% cap · market cap 6.11%
    Second Best
    Apartment 5plus
    $1.02M
    $889.2K – $1.19M (±1% cap)
    NOI $71,139 @ 7.0% cap · market cap 5.43%
    Theoretical Best
    Office A
    $1.99M
    $1.74M – $2.32M (±1% cap)
    NOI $139,417 @ 7.0% cap · market cap 10.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1640704
    Latitude
    33.7809188

    FAQs

    What type of property is this?
    Triplex - Three two-story townhome-style units with private entrances and separate gas and electric meters for manageable resident turnover.
    Where is this triplex located?
    The property is located at 1120 Raymond Avenue Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,310,000.
    What are key features of this property?
    This property features: Triplex with three townhome‑style units, each with 3 bedrooms and 1.5 bathrooms; Approx. 3,720 sq ft total living space on a 5,201 sq ft rectangular lot; Each unit has a private entrance and a functional two‑story layout
    More about this property
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