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Property profile & analytics
FOR SALE
Triplexes

1120 Raymond Ave Long Beach, CA 90804

Property ID
US09-6887330
1120 Raymond Ave, Long Beach, CA 90804 For Sale
$1,299,000
1120 Raymond Ave, Long Beach, CA 90804
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Property summary
AI-generated overview

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 profile
Verified
Property type Triplexes
UPID US09-6887330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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