2370 Lime Avenue
Long Beach, CA, 90806
$2,995,000
Beds
0 Baths
SqFt
0.15 Acres
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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.

Property Details

Price:
$2,995,000
MLS #:
25544073
Status:
Active
Baths:
0
Address:
2370 Lime Avenue
Type:
Residential Income
Neighborhood:
9polyhigh
City:
Long Beach
Listed Date:
May 27, 2025
State:
CA
ZIP:
90806
Lot Size:
6,427 sqft / 0.15 acres (approx)
Year Built:
1930
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Interior

Appliances
Microwave, Refrigerator
Heating
Wall Furnace

Exterior

Parking Features
None
Parking Spots
4.00
Stories Total
2

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Rover IDX
2370 Lime Avenue
Long Beach, CA