227 Lime, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA Excel Realty
227 Lime,Long Beach, CA 90802
$1,800,000
  • - Beds
  • - Baths
  • 3,424 sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc310-982-7055
MLS#:SB26098575
Source:CRMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

About this home

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 8.9X GRM and 7.3% cap rate. 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.

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Home facts

  • Year built:1923
  • Listing ID #:SB26098575
  • Added:1 day(s) ago
  • Updated:May 06, 2026 at 08:30 PM

Rooms and interior

  • Living area:3,424 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:3,424 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

Parking

  • Total parking spaces:2
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