227 Lime Long Beach CA 90802 MLS #SB26098575

227 Lime
Long Beach, CA, 90802
$1,800,000
Beds
0 Baths
0 SqFt
0.09 Acres
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MLS #SB26098575 image #0
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.

Property Details

Price:
$1,800,000
MLS #:
SB26098575
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
May 6, 2026
Total Sq Ft:
3,424
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1923
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach

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Schools

Interior

Laundry Features
NO

Exterior

Common Walls
_2CW
Community Features
URB
Parking Spots
2
Parking Total
2

Financial

Gross Operating Income
$189,095
Maintenance Fee
$9,521
Net Operating Income
$122,065

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of Jul 28, 2026
801
Single Family Listed
65
Avg DOM
473
Avg $ / SqFt
$1,174,170
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 227 Lime Long Beach CA is a Single Family for sale in Long Beach, CA, 90802. It is listed for $1,800,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in Long Beach is $473. The average listing price for Single Family in Long Beach is $1,174,170. To schedule a showing of MLS#sb26098575 at 227 Lime in Long Beach, CA, contact your The Knight Group LA agent at 310.409.7242.

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broker reciprocity Courtesy of Buckingham Investments, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.
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227 Lime
Long Beach, CA