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227 Lime, Long Beach, CA 90802

Long Beach
Local realty services provided by:CENTURY 21 Allstars
227 Lime,Long Beach, CA 90802
$1,800,000
  • - Beds
  • - Baths
  • 3,424 sq. ft.
  • Multi-family
  • Active
Listed by: malcolm zeger
Office: buckingham investments, inc310-982-7055
MLS#:SB26098575
Source:CRMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

About this home

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.

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Home facts

  • Year built:1923
  • Listing ID #:SB26098575
  • Added:1 day(s) ago
  • Updated:May 07, 2026 at 11:33 AM

Rooms and interior

  • Living area:3,424 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:3,424 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$525.7

Parking

  • Total parking spaces:2
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