2370 Lime Avenue, Long Beach, CA 90806

  • $2,995,000
2370 Lime Avenue, Long Beach, CA 90806
Active
2370 Lime Avenue, Long Beach, CA 90806
2370 Lime Avenue, Long Beach, CA 90806
  • $2,995,000

Description

8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses.

  • Address 2370 Lime Avenue
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Country US

Details

Updated on June 4, 2025 at 12:48 pm
  • Property ID: 25544073
  • Price: $2,995,000
  • Property Size: 6440
  • Land Area: 0.1475 Acres
  • Bedrooms: 16
  • Bathrooms: 12
  • Garage Size: x x
  • Year Built: 1930
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman