$2,750,000
Active
186 Days Online
0 Beds0 Baths8,195 SQFT
Active

820 Lime Avenue Long Beach, CA 90813

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820 Lime Avenue is an 8-unit, apartment building located in Long Beach, California. The property is priced at 5.51% cap rate and 11.64 GRM at current rents. The property is comprised of a unique mix of two (2) 5 BD / 2 BA units; two (2) 3 BD / 1.5 BA units; two (2) 3 BD / 1 BA units; and two (2) 2 BD / 1 BA units. The asset is separately metered for both gas and electric, and boasts a ±10% upside in rents. An onsite laundry / storage room offers the opportunity for additional income. The five (5) garages offer the opportunity for ADU conversion.

  • Property TypeMulti-Family
  • NeighborhoodAlamitos Beach (Ab)
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site186 Days
  • MLS StatusActive
  • MLS ID NumberPW23229468
  • Home Size Source N/A
  • Year Built1927
  • Lot Size0.1722 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 5
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.1722
  • Water Public
  • Garage Spaces 5
  • Zoning LBR4R
  • Listing Conditions Standard

Interior Features

  • Laundry Features Common Area

Exterior Features

  • Pool Features None
  • Lot 6-10 Units/ Acre

Community Features

  • Community Features Sidewalks
  • Senior Community No
  • MLS Area 4 - Downtown Area, Alamitos Beach

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Monthly Payment (Est.)

$14,445
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