227 Lime, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
227 Lime,Long Beach, CA 90802
$1,800,000
  • 2 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc
MLS#:SB26098575
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,800,000

About this home

Available again! Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.8X GRM and 6.7% cap rate. Almost all units have been remodeled. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. Three vacancies as of 10/20/26 that are in process of getting filled.

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Home facts

  • Listing ID #:SB26098575
  • Added:189 day(s) ago
  • Updated:November 12, 2026 at 04:14 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,800,000
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