2370 Lime Avenue, Long Beach, CA 90806

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2370 Lime Avenue,Long Beach, CA 90806
$2,437,500
  • 16 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25619789
Source:CRMLS

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Price summary

  • Price:$2,437,500

About this home

2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% 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. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State

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Home facts

  • Year built:1930
  • Listing ID #:25619789
  • Added:282 day(s) ago
  • Updated:March 07, 2026 at 07:24 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12
  • Kitchen Description:Microwave, Refrigerator

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1930
  • Levels:2 Story

Finances and disclosures

  • Price:$2,437,500
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