Properties

Property Features
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Address Map
Lime
820
Avenue
E 10th St
4 - Downtown Area, Alamitos Beach
LBR4R
Listing Broker
Keller Williams - Santa Monica
Robert Stepp
Robert
Stepp
Additional Information
1
Two
6-10 Units/Acre
8
2023-12-22
2
2
Public
116
5.0
7274021008
2+ Common Walls
Features
Common Area
Listing Information
PSTEPROB
PB20859
2024-04-16T20:27:57Z
Standard
2023-12-22T17:32:31Z
CRMLS
Basic Details
1
Mixed Use
Property Description

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.

820 Lime Avenue, Long Beach, CA 90813

  • Lot Area: 7,501 Sqft
  • Visits : 42 in 142 days
$2,750,000
Listing ID#PW23229468
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Property Details
Year Built : 1927
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PW23229468
Price : $2,750,000
Lot Area : 7,501 Sqft
Country : US
State : CA
County : Los Angeles
City : Long Beach
: Alamitos Beach (AB)
Zip Code : 90813
Status : Active
Building Size : 8195
Garage : 5.0
Mls Status : Active
Listing Term : Cash,Cash to New Loan,1031 Exchange
Sewer : Public Sewer
Community Features : Sidewalks
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