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$2,750,000
343 Days On Site

820 Lime Avenue
Long Beach, CA 90813

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
8,195
SqFt
$336
/SqFt
1927
Built
Subdivision:
Alamitos Beach (AB)
County:
Los Angeles
Listed by Robert Stepp of Keller Williams - Santa Monica rstepp@steppcommercial.com

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820 Lime Avenue820 Lime Avenue820 Lime Avenue820 Lime Avenue
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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.

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Listing Snapshot
Price 
$2,750,000
Days On Site 
343 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,195 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1927
MLS® Number 
PW23229468
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 months agoStatus changed to Active
11 months agoListing updated with changes from the MLS®
11 months agoListing first seen on site
General Features
Acres 
0.1722
Garage 
Yes
Garage Spaces 
5
Number Of Stories 
2
Parking Spaces 
5
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8195
Stories 
Two
Water Source 
Public
Zoning 
LBR4R
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Sidewalks
Financing Terms Available 
Cash1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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