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Sold for $1,015,000 on 12/11/24
  • Listing Provided by: 

    Hector Molina DRE #01870282 562-233-4154,

    NT & Associates, Inc.,

    Teresa Molina DRE #01379845,

    NT & Associates, Inc.

    Bought with: NT & Associates, Inc.
    $1,015,000

    5516 Lime Ave APT 1, Long Beach, CA 90805

    8beds
    4baths
    3,100sqft
    Quadruplex
    Built in 1987
    -- sqft lot
    $998,300 Zestimate®
    $327/sqft
    $-- Estimated rent

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    $6,315/mo

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    $6,315/mo

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    What's special

    Exceptional Investment Opportunity in Prime Long Beach Location! This rare four-unit property offers both comfort and convenience, making it an ideal investment or multi-generational living space. Each spacious unit boasts 2 well-sized bedrooms and 1 full bathroom, providing ample living space for all. Every unit enjoys its own private patio, perfect for relaxing outdoors. The gated complex ensures added security and peace of mind, while the abundance of on-site parking makes day-to-day living even easier. Situated in a highly desirable area, the property is just minutes from a variety of shopping destinations, restaurants, and entertainment spots. With easy access to public transportation and close proximity to the 91 Freeway, commuting is a breeze. Whether you’re looking for a steady income property or a long-term investment with significant growth potential, this property is a must-see. Seize the opportunity to own in a thriving Long Beach neighborhood, and don’t let this chance slip away! Exceptional Investment Opportunity in Prime Long Beach location. This rare four-unit property located in the heart of Long Beach. Each unit features 2 bedroom and 1 bath, with private patio areas for each. The complex offers offers plenty of on-site parking, and it is gated for added security. Conveniently located close to stores, restaurants, public transportation, and easy access to the 91 Freeway. Don't let this opportunity pass you by!

    Zillow last checked: 8 hours ago

    Listing updated: December 11, 2024 at 06:06pm

    Listing Provided by:

    Hector Molina DRE #01870282 562-233-4154,

    NT & Associates, Inc.,

    Teresa Molina DRE #01379845,

    NT & Associates, Inc.

    Bought with:

    Hector Molina, DRE #01870282

    NT & Associates, Inc.

    Teresa Molina, DRE #01379845

    NT & Associates, Inc.

    Source: CRMLS,MLS#: RS24215824MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Range, Water Heater
    • Laundry: None
    Features
    • Balcony, Ceramic Counters
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,100
    • Total interior livable area: 3,100 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Carport, Driveway, Private, One Space
    • Carport spaces: 7
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Pool features: None
    • Spa features: None
    • Fencing: Good Condition,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,679 sqft
    • Features: 0-1 Unit/Acre, No Landscaping, Rectangular Lot, Street Level, Walkstreet
    Details
    • Parcel number: 7127010013
    • Zoning: LBR3S
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: Standard
    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Gated Community, Window Bars
    Community
    • Community features: Sidewalks, Gated
    Location
    • Region: Long Beach
    • Subdivision: North Long Beach (Nlb)

    HOA & financial

    Other financial information
    • Total actual rent: 3336

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved
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    Estimated market value
    $998,300