1035 Lime Avenue, Long Beach, CA 90813
1035 Lime Avenue, Long Beach, CA 90813
1035 Lime Avenue, Long Beach, CA 90813
14
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$2,000,000
Est. payment /mo
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3 Beds
3 Baths
6,534 Sqft Lot
New

1035 Lime Avenue Long Beach, CA 90813

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26200969

Bedrooms 3

Lot Size 6,534 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1035 Lime Avenue is a 10-unit multifamily investment property located in Long Beach, California. Built in 1924 and situated on a 0.15-acre lot, 1035 Lime Avenue features a unit mix of 2 studios, 6 1-bed/1-bath units and 2 2-bed/1-bath units totaling approximately 6,384 square feet of net rentable area. The gated property offers a central courtyard, an on-site laundry facility and 5 garage parking spaces. The laundry facility provides existing ancillary income, while the garage parking offers additional flexibility as a separate revenue source or tenant amenity. Current ownership has completed substantial improvements to both the building systems and individual units. Work includes new copper plumbing, updated electrical systems and all-new kitchens and bathrooms throughout the property. Most units have undergone extensive renovations, with much of the interior work involving down-to-the-studs improvements. These upgrades provide a strong physical foundation and reduce the need for an incoming owner to undertake a significant renovation program. 1035 Lime Avenue is located near the East Village Arts District and Downtown Long Beach, placing residents close to an established mix of restaurants, retail, entertainment and cultural destinations. The property is also within convenient reach of the Long Beach waterfront, including the marina, shoreline recreation, dining and other coastal amenities. With substantial capital and interior improvements already completed, 1035 Lime Avenue offers an investor the opportunity to acquire an improved multifamily asset in a central Long Bea

Location

State CA

County Los Angeles

Zoning Assessor

Direction Cross Streets of Lime Avenue & East 10th Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7274013022

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest 

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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