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1126 Raymond Avenue
Long Beach, CA 90804
Asking Price
$2.32M
Cap Rate
6%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
8 Units | All 2+2 | 80's Construction | 6% Cap | Eastside Long Beach <ul><li><strong style="color: rgba(21, 38, 73, 1)">Rare 8-Unit, All 2+2 Layout</strong><span style="color: rgba(21, 38, 73, 1)"> – 100% 2-bedroom/2-bathroom unit mix, an uncommon configuration in Long Beach’s small-multifamily stock that drives stronger tenant retention and premium rents.</span></li><li><strong style="color: rgba(21, 38, 73, 1)">Premium Unit Features</strong><span style="color: rgba(21, 38, 73, 1)"> – Private balcony with Signal Hill views, dishwasher, and individual water hea
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NOI
$80,000
Cap Rate
3.45%
DSCR
0.58
Underwater
Cash-on-Cash
-8.30%
Monthly Payment
$11,478.094
Annual Cash Flow
$-57,737.13
