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ResidentialIncome — 227 Lime, Long Beach, CA

$1,800,000

227 Lime, Long Beach, CA

$1,800,000 — 227 Lime, Long Beach, CA — photo 1 $1,800,000 — 227 Lime, Long Beach, CA — photo 2 $1,800,000 — 227 Lime, Long Beach, CA — photo 3 $1,800,000 — 227 Lime, Long Beach, CA — photo 4 $1,800,000 — 227 Lime, Long Beach, CA — photo 5
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About this property

Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.

Property details

Year built
1923
Property type
ResidentialIncome

Location

227 Lime • Long Beach, CA 90802

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Listed by

Malcolm Zeger · Buckingham Investments, Inc

Listing courtesy of Buckingham Investments, Inc. Information deemed reliable but not guaranteed.

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