Attention income property investors! This is a great four-plex with good cash flow. According to the seller there are 8 bedrooms = 7 plus an Office/Den that couht be used as a third bedroom in the front unit. Seasoned tenants and great pride of ownership in maintaining the large corner lot and the structures inside and out. There are three structures, including a large Craftsman Style front home that houses two of the units, a separate small Craftsman house and a Spanish style structure with upstairs living and three garages and separate storage area below. Currently all unit are filled with happy tenants. Please drive by only and call your agent for information. Three of the units have a separate, outside, private gated area to make these feel more like a home that units. Steps to the public bus and close to LB Poly High and the Long Beach City College Campus at PCH and Orange. Excellent CAP rate for investors. Subject to tenant rights and leases. All number were provided by the seller for incomes etc. Buyer to due their own due diligence.
Off market
$1,174,000
1991 Lime Ave, Long Beach, CA 90806
--beds
0baths
3,214sqft
Quadruplex
Built in 1921
-- sqft lot
$1,174,000 Zestimate®
$365/sqft
$2,246 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None, Other
Cooling
- Other
Appliances
- Included: Refrigerator
- Laundry: Inside
Features
- Flooring: Other
- Common walls with other units/homes: 1 common wall
Interior area
- Total interior livable area: 3,214 sqft
Property
Parking
- Total spaces: 3
Features
- Levels: Two
- Exterior features: Other
Lot
- Size: 6,534 sqft
- Features: Corner Lot, Near Public Transit
Details
- Parcel number: 7210009002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Other
Condition
- Year built: 1921
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- CommonWalls: 1 common wall
- CommunityFeatures: Curbs, Sidewalks
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- ParkingFeatures: Assigned
- LotFeatures: Corner Lot, Near Public Transit
- CommunityFeatures: Gutters
- LaundryFeatures: Inside
- MLSAreaMajor: 9 - Poly High
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- RoadSurfaceType: Paved
- PropertySubType: Quadruplex
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Unknown
- Road surface type: Paved
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Estimated market value
$1,174,000