227 Lime, Long Beach, CA 90802

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
227 Lime,Long Beach, CA 90802
$1,800,000
  • - Beds
  • - Baths
  • 3,424 sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc310-982-7055
MLS#:SB26098575
Source:CRMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

About this home

Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.

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Home facts

  • Year built:1923
  • Listing ID #:SB26098575
  • Added:2 day(s) ago
  • Updated:May 09, 2026 at 01:23 PM

Rooms and interior

  • Living area:3,424 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:3,424 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

Parking

  • Total parking spaces:2
Based on information from California Regional Multiple Listing Service, Inc. as of May 9, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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