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2370 Lime Avenue Long Beach, CA 90806
$2,995,000 16 beds, 12 baths
6, 440 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25544073
List price is $2,995,000
Beds: 16
Baths: 12
Built in 1930
6,440 sqft
2 stories
0.15 acres
Lot size: 0.1475
County: Los Angeles
Zoning: LBR1N
Appliances: Microwave,Refrigerator
Parking description: None
Heating description: Wall Furnace
MLS area: 9 - Poly High

Last Updated: 6/4/2025

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This listing belongs to the 9 - Poly High MLS area

Lat/Long: 33.800167, -118.183614.
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Listing Agent: Armin Soleimani
Co Listing Agent: Julio Ruiz
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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