Drive-by Only. Tenants are not aware of the sell. Please don't disturb. The subject property is a great investment opportunity in Long Beach, California. Located in the quiet residential neighborhood, the property is surrounded by mostly single-family homes and is within walking distance to shopping area as well as transportation. The well-maintained building was built in 1963 and consists of seven units. The unit mix consists of five two-bedroom/one-bath and two one-bedroom/one-bath units. The building is a two-story wood frame structure and the units are separately metered for gas and electricity. Each unit also has its own hot water heater. There are three garages in front of the building and an on-site laundry room for the convenience of the tenants. Most of the units have been upgraded with tile floor and the building is freshly painted. This excellent investment opportunity offers a hardworking, 'hands-on' owner a good cash flow and strong upside potential property to owner.
Off market
Street View
$1,287,900
5517 Lime Ave, Long Beach, CA 90805
--beds
--baths
5,220sqft
MultiFamily
Built in 1963
-- sqft lot
$1,287,900 Zestimate®
$247/sqft
$2,646 Estimated rent
Owner options
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Estimated market value
$1,287,900