Property Details
About this Property
Huge 6 unit campus property with three large units in front, Craftsman bungalow in the middle, and two brand new 2025 construction ADUs in the rear totalling 5707 rentable square feet on a 7500 square foot lot. Great unit mix averaging 950 square feet with one 5 bed, 2 bath unit, four 2 bed, 1 bath units, and one 1 bed, 1 bath unit. Aggressively priced at $262/square foot, 9.8X GRM and 6.2% cap rate on actual rents plus an 8% upside to 9X GRM and 6.9% cap rate on market rents. Brand new electrical main panel. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 7 blocks to the beach.
MLS Listing Information
MLS #
CRSB25233581
MLS Source
California Regional MLS
Days on Site
28
Interior Features
Laundry
None
Cooling
None
Exterior Features
Roof
Composition, Flat
Foundation
Raised, Slab
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: (310) 982-7055
Co-Listing Agent
Josh Ess
License #: 02035659
Phone: (310) 982-7055
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 6 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
728 Lime Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 7,501 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,495,000 and was built in 1912. This address can also be written as 728 Lime Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of October 07, 2025. For the most current information, please contact Anthony Walker, (310) 982-7055
