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$1,340,000

Beds
Unknown
sq ft
3,720

1120 Raymond Ave, Long Beach, CA 90804

1120 Raymond Ave

Long Beach, CA 90804

  • 117 days on market
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.

Details

Property type

Mixed Use

Est. home value

$659,905

Lot size

5,201 sq ft

Price per sq ft

$361

Year built

1972

Price History

03/06/2024
CRMLS

CRMLS #PW24045709

Listed
$1,340,000

Schools & Community

Neighborhood: 

East Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michael R Ashby

Loan start date

January 1998

Original loan amount

$144,000

Est. remaining balance

Not provided

Interest rate

7.17%

Loan type

Seller take-back

Seller

Kheng Lay and Nay Ky Ly

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 9:25 AM

Listing updated: 04/29/2024 at 1:40 PM

Listed by: Luen Song, Coldwell Banker Realty Phone #: (562) 494-4600

MLS: CRMLS #PW24045709

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