2370 Lime Ave Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90806
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,440 sqft
Price per Sqft $465
MLS Listing ID 25544073
Bedrooms 16
Year Built 1930
Lot Size 6,427 Sqft
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area Poly High
Zoning LBR1N
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Equipment Microwave, Refrigerator, Range/Oven
Exterior
Parking Features None
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard