$1,800,000

227 Lime, Long Beach, CA 90802

2 beds |
4 baths

Multi-Family Home
Built in ——
3,751sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

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.

Listing Status:: Active
Date Added:: May 5, 2026
Data Last Updated:: May 20, 2026 at 2:13PM
Listing Office:: Buckingham Investments, Inc : 310-982-7055
Listing Agent:: Malcolm Zeger : 626-483-7983
MLS ID:: SB26098575

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7281014010

Source: California Regional MLS

This listing courtesy of Malcolm Zeger , Buckingham Investments, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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