227 Lime, Long Beach, CA 90802
List Price: $1.8M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 3,750 sq ft
Private Pool: Yes
MLS Number: SB26098575
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 8.9X GRM and 7.3% 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.
Listing provided by: Malcolm Zeger DRE #02013882 310-982-7055 malcolm.zeger@buckinghaminvestments.com, Buckingham Investments, Inc
Source: CRMLS, MLS #: SB26098575
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.