Skip To Content

2370 Lime Ave

Long Beach, CA 90806
  • $2,995,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 25544073
UPDATED: 45 min ago
$2,995,000
  • 16
    BEDS
  • 0.15
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 6,440
    SQFT
  • $465
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T12:43:07.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/164264077
Print Image

2370 Lime Ave Long Beach, CA 90806

  • Price: $2,995,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 45 min ago
  • MLS #: 25544073
16
Beds
12
Baths
0
½ Baths
0.15
Acres
6,440
SQFT
$465
$/SQFT
1930
Built
Neighborhood:
Poly High
County:
Los Angeles
Area:
Poly High
Property 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.
Exterior Features

Levels Two Lot Size Area 6427 Other Structures None Parking Garage None Total Parking 4

Interior Features

Cooling Ceiling Fan Equipment MicrowaveRefrigeratorRange/Oven Heating Wall

Property Features

Assessed Total Value 1453753 Disclosures None Gross Income 244544 Gross Operating Income 244544 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 179465.00 Number Of Buildings 2 Number Of Units 8 Sale Type Standard Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 57743 Type Of Units Lowrise Year Built Source Vendor Enhanced Zoning LBR1N

Listing provided courtesy of Armin Soleimani DRE#01846872 of Global Platinum Properties, Inc.: 424-394-1030.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T12:43:07.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_25544073-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_25544073-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_25544073-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210