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2370 Lime Avenue, Long Beach, CA 90806
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2370 Lime Avenue
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  • MLS#: 25544073 ( )
  • Street Address: 2370 Lime Avenue
  • Viewed: 2
  • Price: $2,890,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 0
  • Days On Market: 52
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90806
  • Provided by: Global Platinum Properties, Inc.
  • Contact: Armin Armin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.25% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand new ADUs. Each of the three bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses.
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Features
Appliances
  1. Microwave
  2. Refrigerator
Building Area Total
  1. 6440.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 180725.00
Parcel Number
  1. 7211009009
Parking Features
  1. None
Sourcesystemkey
  1. 25544073:CLAW
Totalexpenses
  1. 56483.00
Year Built
  1. 1930
Zoning
  1. LBR1N