2370 Lime Avenue, Long Beach, CA 90806

Local realty services provided by:ERA Excel Realty
2370 Lime Avenue,Long Beach, CA 90806
$2,890,000
  • 16 Beds
  • 12 Baths
  • 6,440 sq. ft.
  • Multi-family
  • Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:25587765
Source:CRMLS

Price summary

  • Price:$2,890,000
  • Price per sq. ft.:$448.76

About this home

Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.25% 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. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State

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Home facts

  • Year built:1930
  • Listing ID #:25587765
  • Added:127 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12
  • Living area:6,440 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1930
  • Building area:6,440 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,890,000
  • Price per sq. ft.:$448.76
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