# @raymiramontes_realestate on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DaqegeejKDZ
- **Gondola URL:** https://gondola.cc/posts/67817854-raymiramontes-realestate-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/4a41f27614.jpg
- **Posted:** 2026-07-11T19:06:15.000+00:00
- **Account Owner:** Ray Miramontes | CA Realtor (@raymiramontes_realestate) — https://gondola.cc/raymiramontes_realestate

## Caption

19 Units in Downtown Long Beach's Historic District — For Sale

Text me for more info at 562-600-9793 and I'll send you the full breakdown.

🏢 19 Units | Studio, 1-bed & 2-bed mix
💵 Listed at $3,699,000
📊 6.4% CAP | 9.5 GRM
💰 10%+ Cash-on-Cash Return against in-place rents
🔨 $400K in CAP EX | Fully remodeled 2018/2019
🚶 Walk Score: 95 | Blocks from Pine Ave & DTLB
🧺 Onsite laundry in basement

Zero work left to be done — updated interiors, new water heater (2023), 100+ feet of sewer line replaced, and NOT subject to local rent control. This is a turnkey asset in one of Long Beach's most walkable, high-demand neighborhoods right in the middle of an $8B redevelopment.

Would you add this to your portfolio? Drop a 🔑 below.

Ray Miramontes
Mira Real Estate Group
📲 562-600-9793
📧 ray@mira-realestate.com

#LongBeachRealEstate #MultifamilyInvesting #DowntownLongBeach #IncomeProperty #ApartmentInvesting #SoCalRealEstate #LBInvestor #CashFlow #RealEstateInvesting #HistoricDistrict

🏷 Listed by: Jonathan Swire, The Agency

## Stats

- **Views:** 0
- **Likes:** 51
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- **Comments:** 5

## Tags

cashflow, historicdistrict, socalrealestate, apartmentinvesting, downtownlongbeach, incomeproperty, realestateinvesting, longbeachrealestate, lbinvestor, multifamilyinvesting

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