$2,750,000
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820 Lime Avenue Long Beach, CA 90813
Mixed Use
Residence
Beds
Baths
8,195
Sq. Ft.
0.17
Acre
Lot
Property Activity
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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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MLS#
PW23229468
Property Type
Mixed Use
Status
Year Built
1927
Square Feet
8,195
sq. ft
Lot Size
0.17
Stories
2.0
Sewer
Public Sewer
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