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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Schools
Interior
Appliances
Microwave, Refrigerator
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
4.00
Stories Total
2
Financial
Map
Community
- Address2370 Lime Avenue Long Beach CA
- Area9 – Poly High
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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2370 Lime Avenue
Long Beach, CA
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