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Listed price in listed location currency (USD).
$2,437,500
$2,795,000

16124

MLS® 25619789

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6440 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $434
MLS® Number 25619789

Property Address: 2370 Lime Ave, Long Beach, CA, 90806-3245

Average square foot calculated using Size range provided by listing agent.

Description

2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% 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. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.
MLS® Number25619789
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Nov 25, 2025End Date
$2,437,500Sold Price

Sold

Nov 17, 2025List Date
$2,795,000List Price
  • Commute

Commute

Starting Address
Destination Address
2370 Lime Ave, Long Beach, CA

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