Long Beach, CA 90806,2370 Lime Avenue
Long Beach, CA 90806,2370 Lime Avenue
Long Beach, CA 90806,2370 Lime Avenue
Long Beach, CA 90806,2370 Lime Avenue
Long Beach, CA 90806,2370 Lime Avenue
Long Beach, CA 90806,2370 Lime Avenue
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$ 2,995,000
Est. payment | /mo

6,440 SqFt


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$ 2,995,000
Est. payment | /mo
Save

6,440 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,440 sqft

Price per Sqft $465

MLS Listing ID CL25544073

HOA Y/N No

Year Built 1930

Lot Size 6,427 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6% 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.

Location

State CA

County Los Angeles

Zoning LBR1

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 7211009009

Bridge MLS
Listed by Armin Soleimani • Global Platinum Properties, Inc.

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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2370 Lime Avenue